TISCO Asset Management

TISCO Asset Management

TISCO Asset Management was established in 2000 as the fund management arm of TISCO Financial Group, one of Thailand's oldest finance and banking groups. CEO Theeranat Rujimethapass oversees a platform rooted in the domestic savings market, built to serve Thai institutional and retail investors through regulated mutual funds, property funds, and private funds. The firm's strategy spans public equities, fixed income, real estate, and infrastructure. TISCO AM is best known as a sponsor and manager of property funds and Real Estate Investment Trusts (REITs), including TISCO Strategic Property Fund and TISCO Tokyo REIT. Its fixed-income team manages money market and bond funds that are staples on Thai bank distribution platforms. Direct co-investment activity is minimal; the model operates through commingled fund structures registered with Thailand's Securities and Exchange Commission. Geographic coverage is overwhelmingly domestic, though the Tokyo REIT mandate extends a specialized cross-border lens into Japanese commercial property. Team size is not publicly broken out. TISCO AM operates from TISCO Group headquarters in Bangkok, drawing on the parent bank's distribution network to reach retail and high-net-worth investors. The firm does not disclose total AUM publicly. In recent years, the manager has focused on growing its REIT platform — TISCO Strategic Property Fund was converted to a REIT structure in 2015, and subsequent capital increases have expanded its portfolio of Thai office and retail assets. TISCO AM's structural differentiator is its integration with TISCO Bank's wealth management arm. This captive distribution architecture gives the manager a near-automatic retail pipeline — a model more common in Thai and Japanese fund houses than in independent Western boutiques — while the listed REIT mandates offer institutional allocators public-market liquidity in a local property exposure that private funds cannot match.