Consultants circle Thai government pension money

Thailand's Bt150 billion ($3.75 billion) Government Pension Fund will select an investment consultant this week to advise on its asset allocation strategy, and expects to be able to issue a second mandate to help it invest offshore for the first time in the next few months, says Visit Tantisunthorn, secretary general in Bangkok.Frank Russell, Towers Perrin, Watson Wyatt and William M Mercer are competing for the asset allocation business.Visit says GPF's existing allocation asset stra…