Thailand's GPF seeks "alternative" investments for $1bn war chest

Government Pension Fund (GPF), Thailand's biggest institutional investor with $10.125 billion funds under management, says it is looking to expand its international investments into commodities and more imminently, global private equities and real estate.

The civil servant pension fund manager says overseas private equity and real estate have already been put into its strategic asset allocation planning, and the fund is now looking to hire consultants to advise on details of implementing such a