DESPITE market volatility, Thai mutual funds’ net asset value (NAV) is expected to exceed Bt5.5 trillion on the expectation of Bt20 billion to Bt40 billion being invested in long-term equity funds (LTFs) and Thailand Future Fund (TFF) in the last quarter, investment research firm Morningstar Research (Thailand) said.

THE STOCK Exchange of Thailand (SET) and Clearstream Banking S A, one of the world's leading international securities depositories, signed a memorandum of understanding (MoU) to strengthen the joint-investment funds' business through the online linkage between SET's FundConnext mutual fund platform and Clearstream's Vestima global fund processing platform yesterday.