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Thailand's investment fund begins stock purchases and considers equity derivatives
Thailand's newly established $4.5 billion state-controlled investment fund, Vayupak Fund I, has begun purchasing local stocks and is contemplating the use of equity derivatives to safeguard its capital. The fund, which attracted around 50,000 Thai investors, plans to invest approximately 90% of its assets in local equities and may expand its team to enhance expertise in derivatives if necessary.
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