ANCHOR (ON-CAM) ENGLISH SAYING:

What's the compelling investment story right now about Thailand and about the debt in particular?

JAMES COPPOLLA, CHIEF INVESTMENT OFFICER, BARON POINT FINANCIAL (ENGLISH) SAYING:

It's actually counter-intuitive - its credit, strong credit, very stable yield and when you think of big rates of return. Actually this is lower rates of return in terms of Mexico and some of the other emerging markets but a very stable credit and a very safe investment and a very scalable investment, there's a ton of liquidity in the Thai market. So institutions can move lots of capital very quickly into the market and as you said it's it's one of the strongest currencies right now so there is also the currency exposure.

ANCHOR (ON-CAM) ENGLISH SAYING:

And how does that help your investment thesis, I mean a lot of people you say Thai Baht and they have flashbacks to the late 90's when we had an implosion that rippled through Asia, Europe and the U.S...

JAMES COPPOLLA, CHIEF INVESTMENT OFFICER, BARON POINT FINANCIAL (ENGLISH) SAYING:

People learn from their mistakes. The Thai governments made a concerted effort since 1997 not to repeat that. You can think of it now they're on the polar opposite side of the spectrum. In 1997 it was way over speculated, for all the right reasons, the currency imploded. Now we're on the opposite side of that. An example is it was an A- credit rating. Just in March, Fitch upgraded Thailand to triple B plus, so we're only one notch from coming all the way back. The Baht actually at that time was 25 Baht to the dollar - spiked up during that time about fifty, or at around 29. So were effectively polar, mirror opposite now. The most important thing is how Thailand came out of the 2008 crisis and let's face it, it's happenstance a lot of it. But they came out of the crisis with an incredibly strong balance sheet, in an incredibly strong region of the world. Which allows them to have a strong economy at the back that's pushing.