Thailand has been gripped by political unrest since November, with its stock market enduring a tumultuous ride over the last seven months, but which funds have maintained their overweights, and how have they fared?
Thailand is popular with many of the largest emerging markets funds, but at the end of last year, it was engulfed by protests aimed at removing the political influence of former Prime Minister Thaksin Shinawatra. Months of turmoil followed, culminating in the country's army taking control of the government last month and suspending the constitution in a bid to re-establish peace. Surprisingly, the Thai market did not reflect the severity of the event for most of last week, as the Exchange of Thailand SET index continued on an upward trajectory until Thursday. The recovery in share ...
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