Winners Rationale

“Kiatnakin Phatra Securities (KKPS) secured the title of Best Domestic Private Bank – Discretionary Portfolio Management (DPM) for its exceptional ability to combine global investment standards with local market expertise, delivering institutional-grade results for Thai investors,” said Audrey Raj, editor of Asian Private Banker.

“KKPS demonstrated strong investment outcomes, with 90% of investment accounts generating positive returns. In the medium-risk profile, the bank’s Global Multi-Asset and Global Fixed Income mandates consistently outperformed benchmarks over one-, three-, and five-year horizons. This performance drove significant business growth: DPM AUM nearly doubled in 2025, while client penetration surged with record DPM account openings and total investible AUM.

“A standout achievement for KKPS was the Onshore Mandate, which recorded 300% asset growth by offering a tax-efficient way to access global markets following local regulatory changes. The bank further distinguished itself through a strategic partnership with Goldman Sachs Asset Management (GSAM), providing exclusive access to capacity-constrained strategies and beyond-institutional pricing. By passing these cost savings directly to clients, KKPS has redefined value in the domestic discretionary space.

“KKPS also excels in seamlessly integrating its DPM and advisory teams. The bank has successfully transformed its DPM offering from an exclusive service into a scalable digital experience, centred on a fully integrated onboarding and servicing platform. The platform streamlines account opening, allows clients to monitor portfolios and access key documents via KKP Mobile, and builds the operational and digital infrastructure to support seamless access to private and semi-liquid investment opportunities. Phased implementation is already underway, with full launch expected in 2026.

“For all these reasons, KKPS won the Best Domestic Private Bank – Discretionary Portfolio Management award. Congratulations to the team!”