NT assets soar to $400m on 35% returns


Bangkok-based NT Asset has soft-closed its flagship NT Asian Discovery Fund, an absolute return, value fund investing across the region, after total assets under management reached around $400 million.

The fund’s class A shares delivered a 2.3% return in August, bringing year-to-date returns to a robust 34.45%. Annualised return has been 18.49% return since inception in April 2006, but the fund is attracting considerable investor interest this year as a result of the outlier performance.

“We have now soft-closed the fund but still have interest from investors. Going forward, we will only be taking