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SET also emphasizes on business expansion and linkages
with other capital markets. SET aims to become a GMS
connector to bridge investment opportunities and to enhance
capital market knowledge for all countries in the region.
In addition, SET plans to cooperate with the world’s leading
exchanges and organizations to extend its international reach.
3. S t r eng t hen t he dome s t i c
institutional investor base
To balance the participation of investors, SET targets to
increase participation of local institutional investors. Cooperating
with asset management companies and the Securities and
Exchange Commission (SEC), SET plans to educate Thai people
to allocate their investments into assets that yield higher return
over the long run such as equity mutual funds and equity provident
funds, etc. This will improve financial stability for their retirements,
while Thailand is entering the aging society. In addition, SET
will educate business employees on the benefits of financial
and investment planning, and promote provident fund with
employee-chosen asset allocation scheme (employee’s choice).
With the scheme, employees will be able to increase their
equity allocation for long-term return. In 2016, SET targets to
1) increase an additional 1,000 employers that provide
provident funds with employee’s choice scheme, 2) educate
150,000 provident fund members, and 3) attain a purchase of
75,000 million THB through mutual funds and insurance
companies.
Moreover, SET plans to build a centralized infrastructure,
called Fund Service Platform, to facilitate the expansion of
domestic institutional investors. This infrastructure will enhance
efficiency of distribution channels and reduce complexity in
operations and services.
4. Expand the retail investor base
with quality
SET will enhance quality and skills of investors and equip
them with investment knowledge which will allow them to plan
their investment that suits best with their risk appetite. SET will
adopt digital channels to reach targeted investors. By cooperating
with intermediaries, SET aims to expand retail investor base
in not only metropolitan area but also provincial areas. With
these plans, SET targets to attract 110,000 retail investors in
equity market and 10,000 retail investors in derivatives market.
5. Improvecapabilityof investment
professionals and capitalmarket
infrastructure to be ready for
future market competition
5.1
Build foundation and enhance capability of
investment professionals
SET, together with partner organizations, will focus on
strengthening capability of investment consultants (IC) and
prepare them for new asset classes. For experienced IC, SET
will build advanced skills, such as investment planner and
multi-product specialist. For new IC, SET will prepare skills
to create a new generation for securities and asset manage-
ment businesses.
5.2
Develop infrastructure to support capital
market development
In 2016, SET plans to focus on four major infrastructure
developments as follows: 1) Promote a straight-through digital
processes in capital market, such as shareholders’ voting through
digital channel (e-Voting), digital transfer of shareholders’ proxy
(e-Proxy), and digital disclosure of listed companies’ information