BANGKOK, Thailand — KASIKORN ASSET MANAGEMENT Co., Ltd. (KAsset), an investment firm under Kasikornbank (KBank) group, and Lombard Odier, a global wealth and asset manager known for its sustainable investing leadership, have announced a pioneering Alliance on Sustainability.
This strategic partnership aims to enhance sustainable investment offerings and services in Thailand, aligning with international standards.
Lombard Odier will provide consultancy to KAsset, sharing expertise to develop sustainable investment strategies for the Thai market.
This collaboration builds on the existing Strategic Alliance between Lombard Odier and KBank Private Banking, further cementing the relationship between the two entities.
KAsset recently launched a Target Net Zero (TNZ) equity strategy focusing on the SET 100 Index, marking the beginning of a series of sustainability-focused initiatives.
This move, leveraging Lombard Odier’s knowledge, signifies a significant step towards climate-aligned portfolios and underscores the commitment of both firms to environmental stewardship.
Kattiya Indaravijaya, CEO of KASIKORNBANK, emphasized the crucial role of financial institutions in promoting sustainability and expressed enthusiasm for the alliance’s potential to elevate investment products.
Adisorn Sermchaiwong, Executive Chairman of KAsset, highlighted KAsset’s decade-long integration of ESG factors into its investment process and its leadership in sustainable and responsible investment in Thailand.
Hubert Keller, Senior Managing Partner at Lombard Odier, pointed out the economic transformation driven by the transition to net zero, presenting unique investment opportunities.
Vincent Magnenat, Lombard Odier’s Asia Regional Head, reaffirmed the alliance’s commitment to enhancing KAsset’s sustainability capabilities and developing innovative solutions like the TNZ strategy.
This collaboration not only strengthens KAsset’s leadership in sustainable investment in Thailand but also aligns with the country’s broader goal of achieving net zero, demonstrating a shared vision for a sustainable future. – PEVCJournal.com