Onshore Thailand client portfolios have shifted toward global and alternative investments, prompting private banks to expand their offerings and strengthen relationships with global managers to meet rising demand. Speaking at Asian Private Banker‘s Thailand Global Wealth Summit 2026, with over 150 attendees, leaders in Thailand’s private banking space focused their discussion on the evolution of the typical private banking client […]

The post Thai private banks race to meet demand for global, alts investments appeared first on Asian Private Banker.

Kiatnakin Phatra Securities (KKPS) is seeing its 2019 entry into private markets pay off as the business reaches a new phase of maturity. Early investments made by clients, particularly private equity, are now maturing, allowing KKPS to roll liquidity into new vintages. In this new strategic phase, many long-term clients have seen their penetration into private markets hit “optimal exposure,” […]

The post Thailand’s Kiatnakin Phatra hits US$2.5bn alts milestone as reinvestment cycle kicks in appeared first on Asian Private Banker.

For years, Southeast Asia’s wealth management landscape was defined by regional giants with broad multi-market footprints, while local players were often left competing in lower-margin, transactional segments. That hierarchy is now being challenged. In Thailand, Kiatnakin Phatra Securities (KKPS) has positioned itself at the centre of this shift, moving away from a long-standing “product-pushing” legacy toward building more sophisticated, high-conviction […]

The post Thailand’s Kiatnakin Phatra shakes off ‘product-push’ legacy in DPM pivot appeared first on Asian Private Banker.

With domestic interest rates at just 1.25% and the SET Index delivering negative returns, Thailand’s wealth managers face a stark choice: offer robust offshore solutions or watch their clients walk. In recent years, amid this struggling domestic market, a wave of strategic alliances has emerged between local banks and global heavyweights such as J.P. Morgan Asset Management and Goldman Sachs […]

The post Offshore solutions or lose clients? Thai private banks tap global managers as slump deepens appeared first on Asian Private Banker.

While Thailand’s private wealth investors are just taking the first steps towards diversifying their investment portfolios beyond domestic markets, those who have begun this journey are now reaping the benefits of different regional markets and asset classes. This is according to senior executives at Asian Private Banker‘s second annual Thailand Private Banking Leaders Conversation, which drew a full house of […]

The post Thai private banking leaders are going global – here’s why and how appeared first on Asian Private Banker.

Thailand’s Kiatnakin Phatra Financial Group (KKP) has formed a strategic partnership with Goldman Sachs Asset Management (Goldman Sachs AM) to enhance global investment opportunities for its onshore wealth clients. As part of the partnership, Goldman Sachs AM will provide KKP with investment advisory services through model portfolios encompassing multi-asset strategies, including equities, fixed income, and alternative investments, according to a […]

The post Kiatnakin Phatra partners Goldman Sachs AM in global play appeared first on Asian Private Banker.

Over 250 attendees from Asia’s private banking and wealth management sector gathered to honour the recipients of Asian Private Banker’s Awards for Distinction 2024 during an exquisite gala dinner held at The Henderson in Hong Kong’s Central district on Thursday evening. Below are some select photo highlights of the evening:

The post Awards for Distinction 2024: Photo highlights from our gala dinner appeared first on Asian Private Banker.

Thai wealth manager Kiatnakin Phatra Securities saw record-high revenue and AUM growth in 2024, despite a challenging domestic environment. While Thai equities struggled, the firm’s expertise in global investments allowed it to grow both its assets and client base. Head of the wealth management group, Narit Kosalathip, describes it as a “tale of two halves.” “Local investments performed poorly, but […]

The post A “tale of two halves”: What’s behind Thai wealth manager’s record year? appeared first on Asian Private Banker.

Asian Private Banker is proud to present the launch of its Asia Markets 2023 AUM League Tables which track the growth story of private wealth management in Thailand, Taiwan, the Philippines, Malaysia, and Indonesia. Today marks the launch of our Thailand and Indonesia data, with Taiwan, Malaysia and the Philippines to follow on Wednesday this week. In this year’s AUM […]

The post APB Insights: Two-speed Thailand – AUM growth slows for local banks as int’l players make strong gains appeared first on Asian Private Banker.

Thai private banks are ramping up their allocations to private markets products amid recent poor performance in the domestic equity and bond markets. Increased allocations to global and alternative assets strengthen portfolios with diversification and uncorrelated returns, Thai private bank leaders pointed out, but also require increasing client education about an asset class still considered high-risk in Thailand. These are […]

The post Thai wealth managers target private markets and int’l collaborations appeared first on Asian Private Banker.

Global private banks are looking to muscle in on the onshore Thai market, with the entry in recent years of several global players. However, following the collapse of Credit Suisse, clients are now reconsidering homegrown banks in Thailand once again. It is in this environment that domestic Thai bank Kiatnakin Phatra Securities (Phatra) is looking to capture outflows from foreign […]

The post Thailand’s Phatra in full compete mode to capture outflows from foreign players appeared first on Asian Private Banker.

What impact have the unprecedented global social, political and fiscal challenges had on your bank this year? What are your key growth markets in terms of net new money? What will your focus be in 2023? The heads of five private banks addressed these and other questions at the Asian Private Banker Summit 2022 in Singapore on 1 December. Kiatnakin Phatra Securities Narit […]

The post Five private banking heads look back at 2022 and forward to 2023 appeared first on Asian Private Banker.

Extraordinary social, political and fiscal challenges have made 2022 one of the toughest years in recent memory for private banking and wealth management. In the face of this, how are private bank CEOs steering their organisations through stormy waters? Where are they finding financial diversification opportunities? And what do they believe is in store for 2023? The flagship CEO panels […]

The post What Asia’s top PB CEOs have to say about the APB Summit appeared first on Asian Private Banker.

Asia knows few wealth management riddles more perplexing than Thailand. With its unstable politics, COVID-19-shattered tourism and export industries, supply chains in chaos and global interest rates rising, the nation might look less than hospitable to private bankers. But Narit Kosalathip at Kiatnakin Phatra Securities is not surprised to see the globe’s biggest banking powers angling for a slice of […]

The post Thailand’s growing wealth poses riddle for top private banks appeared first on Asian Private Banker.

Global private banks are racing to tap Thailand’s burgeoning onshore wealth market, as Southeast Asia’s second-biggest economy churns out UHNWIs at an accelerating pace. Following steady economic growth in recent years driven by its thriving tourism sector and industrial base, Thailand counted 772 UHNWIs with assets in excess of US$50 million in 2020, according to Credit Suisse Global Wealth Report […]

The post HSBC GPB and SCB Julius Baer vie for supremacy in Thailand’s onshore wealth boom appeared first on Asian Private Banker.

Kiatnakin Phatra Securities (Phatra) believes it can hold its own in Thailand’s burgeoning onshore market as the private bank faces increasing competition from global rivals in the Southeast Asian country. Narit Kosalathip, head of wealth management at Phatra, told Asian Private Banker that the wealth management industry in Thailand has advanced significantly over the past decade and was now in […]

The post Thailand’s Phatra looks to strike blow against global rivals appeared first on Asian Private Banker.

Quantifeed is partnering with Thailand’s Kiatnakin Phatra Securities to offer discretionary portfolio management (DPM) to private wealth customers in Thailand, the Hong Kong-based digital wealth management solutions provider has said. Kiatnakin Phatra Securities’ Mandate Service technology will be powered by Quantifeed’s QEngine, a press release said. “This solution is the first-of-its-kind to be rolled out to Thai private wealth clients […]

The post Thailand’s Kiatnakin Phatra Securities taps Quantifeed for DPM appeared first on Asian Private Banker.