Reference
·Primary source
Kasikorn Asset Management AUM
~THB 1.5T (2024)
Kasikorn Asset Management (KAsset, Kasikornbank's asset-management subsidiary) reported total AUM of approximately THB 1.5 trillion at end-2024, anchoring KBank Private Banking's HNW proposition. KAsset is the largest asset manager in Thailand by AUM and operates the country's largest distribution of mutual funds, provident funds, and discretionary mandates. Speculation through 2024-2025 that Kasikornbank could divest KAsset to a foreign asset manager (Amundi and JPMorgan Asset Management have been reported as suitors) underscored the strategic value of the platform; no transaction had closed at the time of publication.
Figure in context
Kasikorn Asset Management (KAsset, Kasikornbank's asset-management subsidiary) reported total AUM of approximately THB 1.5 trillion at end-2024, anchoring KBank Private Banking's HNW proposition. KAsset is the largest asset manager in Thailand by AUM and operates the country's largest distribution of mutual funds, provident funds, and discretionary mandates. Speculation through 2024-2025 that Kasikornbank could divest KAsset to a foreign asset manager (Amundi and JPMorgan Asset Management have been reported as suitors) underscored the strategic value of the platform; no transaction had closed at the time of publication.
Kasikorn Asset Management (KAsset, Kasikornbank's asset-management subsidiary) reported total AUM of approximately THB 1.5 trillion at end-2024, anchoring KBank Private Banking's HNW proposition. KAsset is the largest asset manager in Thailand by AUM and operates the country's largest distribution of mutual funds, provident funds, and discretionary mandates. Speculation through 2024-2025 that Kasikornbank could divest KAsset to a foreign asset manager (Amundi and JPMorgan Asset Management have been reported as suitors) underscored the strategic value of the platform; no transaction had closed at the time of publication.
Time scope
End-2024
Source basis
Primary source
Interpretation notes
What this tells you
Kasikorn Asset Management (KAsset, Kasikornbank's asset-management subsidiary) reported total AUM of approximately THB 1.5 trillion at end-2024, anchoring KBank Private Banking's HNW proposition. KAsset is the largest asset manager in Thailand by AUM and operates the country's largest distribution of mutual funds, provident funds, and discretionary mandates. Speculation through 2024-2025 that Kasikornbank could divest KAsset to a foreign asset manager (Amundi and JPMorgan Asset Management have been reported as suitors) underscored the strategic value of the platform; no transaction had closed at the time of publication.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand HNW wealth management AUM (2020-2024)
Asian Private Banker Thailand AUM league table; Thai SEC Private Fund report; Hubbis Thailand Wealth Management Forum 2024-2025
Thailand HNW household count
Capgemini World Wealth Report; KBank Private Banking client disclosures; Hubbis Thailand market overview; National Statistical Office household income survey
Thailand UHNW individual count
Wealth-X World Ultra Wealth Report; Knight Frank Wealth Report Asia; Hubbis Thailand Wealth Management Forum disclosures
BOI LTR Wealthy Global Citizen visa approvals (2022-2025)
Thailand Board of Investment LTR Visa quarterly statistics; LTR Visa Centre disclosures; Bangkok Post visa coverage
Top wealth manager AUM share (2024)
SCB Group annual report; Kasikornbank annual report; Bangkok Bank disclosures; KKP Phatra Wealth disclosures; Asian Private Banker league table
Por.161/2566 offshore income tax remittance rule impact
Revenue Department of Thailand Order Por.161/2566; Mazars Thailand tax advisory; Bangkok Post tax coverage
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.