Kiatnakin Phatra Financial Group (KKP) has announced a strategic partnership with Goldman Sachs Asset Management (GSAM), aiming to open global investment opportunities for Thai investors.
This collaboration is a significant milestone that enhances KKP’s wealth management capabilities while reflecting GSAM’s commitment to expanding its business through partnerships—a joint vision encapsulated in the concept, “The Power of Two. One Philosophy of Wealth.”
Under this strategic alliance, KKP and GSAM will co-develop investment recommendations through model portfolios employing a multi-asset strategy, covering equity instruments, bonds, and alternative assets.
Furthermore, this partnership grants KKP access to GSAM’s renowned in-depth global investment insights and lays the groundwork for ongoing knowledge exchange between both firms.
Narit Kosalathip, Managing Director and Head of Wealth Management at Kiatnakin Phatra Securities (KKPS), stated that the alliance with GSAM will elevate KKPS’ service standards to a world-class level—particularly in the development of Discretionary Portfolio Management (DPM) services focused on systematic asset allocation.
These services will dynamically adjust strategies in response to market conditions, enabling investors to achieve optimal returns with appropriate risk levels amid significant increases in global economic and market volatility.
Sabrina Gan, Managing Director at GSAM, commented that the partnership enables the fusion of global strengths with local expertise, aiming to introduce innovative multi-asset strategies to Thai investors.
Under the relevant agreements, GSAM will act as the exclusive investment advisor to KKP. Both parties are in ongoing discussions to explore further collaboration, such as distributing additional investment products managed by GSAM through KKP’s channels.
With the landscape of wealth management in Thailand undergoing rapid transformation—driven by the growing influence of new generations, rising interest in alternative assets, and the embrace of international investments—this collaboration is a crucial step. It empowers Thai investors to navigate emerging challenges effectively while building robust, internationally aligned portfolios that serve their long-term goals.
