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Bualuang Securities Private Fund Management team is committed to delivering consistent and superior returns through a transparent and disciplined investment process. Our investment decisions are based on extensive fundamental research using a balanced combination of top-down and bottom-up approaches.
 
Private fund management helps individuals and institutional investors manage and grow their assets more effectively in accordance with their risk-return profiles. Asset-management solutions are arrived at to suit each client s unique circumstances with regard to:
  • Liquidity needs
  • Time horizons
  • Tax situation
  • Investment restrictions
Investment strategies are designed to be flexible and can be adjusted to suit changes in each client's situation and requirements. Unlike money invested in mutual funds, your investment will not be bundled with other people's money but remains in a separate custodian account at a trustworthy commercial bank.


Depending on specific risk profiles, expected returns, liquidity needs and investment time horizons, our Portfolio Fund Managers have a variety of portfolio types to suit your requirements. Our product lines include:
  1. Equity Funds (B-Growth): For investors with moderate to high risk appetite and long investment horizons that want to participate in the Thai equity market.
  2. Fixed-income Funds (B-Bond): Suitable for conservative investors who require principal preservation but at the same time seek returns higher than term-deposit rates at commercial banks.
  3. Flexible Funds (B-Plus, B-Spot): For investors that want to see asset grow at a rate significantly higher than fixed-deposit rates. The funds will invest in both equity and fixed income instruments. Allocation of asset between these two asset classes is subject to fund managers decision.




Source : AMC

  • Private Client Investment Management (PCIM) has assumed the responsibility of proxy voting on behalf of clients who have properly delegated such responsibility to PCIM.
  • PCIM has the duty to proxy vote for proposals considered to have significant impact on shareholder value.* PCIM will perform these functions in accordance with the proxy voting guidelines established and approved by BLSs Investment Committee** to ensure that all voting decisions reflect a thorough analysis of the issues and fairly assess their potential impact on shareholder value. When PCIM votes against the managements proposals, the underlying reasons will be given in writing and kept for the record.
  • In cases whereby proxy voting may raise the issue of conflict of interest, PCIM will state the reasons behind all decisions made whether they are for or against the managements proposals.
  • PCIM can delegate its proxy voting responsibility to parties it deems appropriate.
* Issues considered to have material impact on shareholder value: - Financial position, corporate performance, dividend payments - Transactions that involve the acquisition and/or the disposal of important/material assets. These include the purchase and sales of business lines, mergers and acquisitions, corporate takeovers. - Appointment or removal of the company's directors - Changes in the company's capital structure, e.g. capital raising/reduction, debt restructuring, issuance of debentures, private placement, and public offering - Special compensation for the company's management/directors, and share offering to management, directors and staff. - Transactions that might raise the issue of conflict of interest
** Investment Committee consists of the President, Management Director, Head of PCIM Group, Marketing Director of PCIM Group, and Fund Managers.

  • PCIM will proxy vote for the managements proposals when appropriate or may decide to abstain on issues or agendas that it believes have no material effects on the value of the company.
  • PCIM will generally vote for management proposals on issues related to:

  • 1) Annual election of directors
    2) Appointment of auditors
    3) Annual operation performance
    4) Proposal to change the companys capital structure to gain access to capital markets or to strengthen its capital structure
  • PCIM generally will vote against management proposals on issues related to:
  • 1) Limiting shareholders rights
    2) Creating unequal voting rights
    3) Introducing measures designed to discourage potentials for the company to be merged or acquired
    4) Allowing directors to amend the companys rules and regulations without first seeking approval from shareholders
    5) Proposals authorizing the companys management or board of directors to buy back shares at prices premium to the then market price without first seeking approval from shareholders
    6) Management compensation plans that generously reward management in excess of its relevant performance, e.g. stock option plans with an exercise price set below the then market price
    7) Incentive plans that become effective in the event of hostile takeovers or mergers (golden parachute)
    8) Increase in stock issuance for management which PCIM believes to be too dilutive to shareholders or too generous to management in relation to their performance
  • PCIM will maintain records of all proxies' votes for a period of 5 years from the voting date.



  • For private funds, PCIM will distribute a summary of all proxy votes twice a year. The first report of the year, which shows the record of proxy voting from the month of July to December of the previous calendar year, will be distributed in January. The second report, which shows the record of proxy voting from the month of January to June of the same calendar year, will be distributed in July.

  • For provident funds, a summary of proxy voting will be presented in the funds annual report of the same period.



  • To ensure that appropriate Proxy Voting Policy and Procedures are adopted, PCIM' s proxy voting practices shall be monitored and audited by the Compliance & Internal Audit team. The audit results will be reported directly to the Company's Board of Directors on an annual basis.

    Please Click here for view Summary of proxy voting results (2005)
    Please Click here for view Summary of proxy voting results (2006)
    Please Click here for view Summary of proxy voting results (2007)
    Please Click here for view Summary of proxy voting results (2008)
    Please Click here for view Summary of proxy voting results (2009)
    Please Click here for view Summary of proxy voting results (2010)
    Please Click here for view Summary of proxy voting results (2011)
    Please Click here for view Summary of proxy voting results (2012)
    Please Click here for view Summary of proxy voting results (2013)
    Summary of proxy voting 1H 2012
    Summary of proxy voting 1H 2013
    Summary of proxy voting 1H 2014
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