Aberdeen Buys Thailand’s Stocks Amid Worst First-Day Drop

If one of the most consistent performing mutual funds in Thailand is doing this and thinks this way shouldn’t we be paying attention?

“I was very busy buying stocks yesterday,” Adithep Vanabriksha, the Bangkok-based chief investment officer for Thailand at Aberdeen Asset Management, which oversees about $324.6 billion worldwide, said by phone today. “I still strongly believe that the current political crisis will be resolved in a peaceful way and the stock market will rebound.”

Source: Bloomberg

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