which the Thai equity market was one of the best-performing markets in the world with a remarkable return as high as 120%, 2004 was the year of consolidation. The Stock Exchange of Thailand (SET) index

Alpha, Beta, and Now…Gamma David Blanchett, CFA, CFP® Head of Retirement Research Morningstar Investment Management Paul Kaplan, Ph.D., CFA Director of Research Morningstar Canada August 28, 2013 Morningstar Investment Management Page 2 of 27©2013 Morningstar. All rights reserved. This document includes proprietary material of Morningstar. Reproduction, transcription or other use, by any means, in whole or in part, without the prior written consent of Morningstar is prohibited. The Morningstar I...

challenges including large numbers of civil servants on their boards. Line ministries combine de facto shareholder powers in SOEs with policy and sometimes regulatory functions for both SOEs as well as the

Thailand Taxonomy Board The Thailand Taxonomy Board is established to develop Thailand Taxonomy, a classification system of economic activities deemed as environmentally-sustainable. The Board comprises agencies from both the public and private sectors to ensure all sectors’ views are reflected. In the initial phase, the list of agencies is as follows: 1. Bank of Thailand (BOT)* 2. The Securities and Exchange Commission, Thailand (SEC)* 3. Office of Natural Resources and Environmental Policy and...

, a BSc scholar from Chulalongkorn University and an MSc scholar from Fort Hays Kansas State University, USA. She had made a remarkable contribution to the Thai capital market, particularly in the