GUANGZHOU - BBL Asset Management (BBLAM), one of the largest asset managers in Thailand, will launch the Bualuang China Next Economy Fund (B-CNNEXT) on August 26. The fund-of-funds (FOF) will invest via QFII channels in equity funds managed by E Fund Management (E Fund), the largest mutual fund manager in China, helping Thai investors capture opportunities in China's economic transformation.

During the past years, Thailand has witnessed a growing interest for foreign investment opportunities, especially in China. "We've been observing the Chinese market very closely, in Thailand China-related strategies make up a significant portion of the offshore offerings for Thai investors. The return discrepancies between global and onshore managers in mainland China have been huge. Recently, BBLAM has obtained its QFII licenses to take full advantage of assessing the best strategies in mainland China," said Khun Anak Kittivat, Global Investment Management at BBLAM. "The partnership with E Fund shows our commitment to growing our China strategy franchise in Thailand. We believe that the structural investment themes of China remain strong in areas such as AI, renewable energy, robotics, and healthcare, all of which look very promising."

The launch builds on BBLAM's strategic collaboration with E Fund, its first Chinese partner, following a MOU signed in March 2024. This partnership was further strengthened in December 2024, when BBLAM's Bualuang China Equity Fund invested in the E Fund Ruiheng Hybrid Fund. The upcoming launch of this new FOF product, marks another milestone, underscoring the deepening cooperation between the two firms. Against the backdrop of China's progressive capital market opening, E Fund is advancing its globalization strategy through overseas subsidiaries and strategic partnership with leading global asset managers. These efforts position E Fund as a bridge for global investors allocating to China, offering greater accessibility and enhanced service.set managers.