abrdn Thailand has become the first global mutual fund manager to obtain a Limited Broker, Dealer and Underwriter License (the “LBDU”) from the Securities and Exchange Commission in Thailand, which allows it to provide global wealth solutions to domestic investors in the country.
We have established a strong presence and investment capability in Thailand since 2002, with over 20 domestic funds available for local investors through third party distributors. The LBDU license opens up new opportunities for the business. Through our newly launched global wealth solutions, institutional and high-net-worth investors in Thailand will be able to invest in its diverse suite of Luxemburg-domiciled global mutual funds in a cost effective manner.
We have established a strong presence and investment capability in Thailand since 2002, with over 20 domestic funds available for local investors through third party distributors. The LBDU license opens up new opportunities for the business. Through our newly launched global wealth solutions, institutional and high-net-worth investors in Thailand will be able to invest in its diverse suite of Luxemburg-domiciled global mutual funds in a cost effective manner.