Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Financials / Thematic (Sector/Industry)

<ul><li>The January 2025 Global Fund Manager Survey, conducted among 182 global fund managers with a total AUM of USD513bn, found that they remain positive on equities and are bullish on the technology, financials, and healthcare sectors while being bearish on the energy, consumer staples, and utilities sectors.</li><li>However, there has been a shift in investment focus from US equity markets to EU markets, driven by expectations that the EU will implement additional fiscal stimulus through the German government to support economic growth, along with the potential for upward earnings revisions for European equities.</li><li>The key market concern remains inflation, which is expected to accelerate despite the Fed being projected to cut interest rates at least once this year, followed by trade wars, which could escalate as Trump gradually announces import tariff hikes on trade partners.</li></ul>

The January 2025 Global Fund Manager Survey, conducted among 182 global fund managers with a total AUM of USD513bn, found that they remain positive on equities and are bullish on the technology, financials, and healthcare sectors while being bearish on the energy, consumer staples, and utilities sectors.However, there has been a shift in investment focus from US equity markets to EU markets, driven by expectations that the EU will implement additional fiscal stimulus through the German government to support economic growth, along with the potential for upward earnings revisions for European equities.The key market concern remains inflation, which is expected to accelerate despite the Fed being projected to cut interest rates at least once this year, followed by trade wars, which could escalate as Trump gradually announces import tariff hikes on trade partners.

Special Report: FMS for January 2025