Thailand Wealth Management Forum 2019 - Highlights - Benjarong Techamuanvivit

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1. What are the opportunities and challenges for the industry?

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1. What are the opportunities and challenges for the industry?

The opportunity is that last year we lost quite a lot of AUM from fixed income funds, given the environment. So hopefully, the opportunity for this year is to sweep it back from deposit and other asset classes. The other opportunity is for our people to learn about market turbulence in times of volatility. How to handle it, how to educate clients. The challenges are that there will be two major tax implementations that will remove a large amount of AUM out of the industry. So it's a hard exercise for us to sustain our AUM.

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