Land and Houses Asset Management

What Land and Houses Asset Management does

Land and Houses Fund Management Company Limited (LHFund) is a Bangkok-based asset management firm operating as a wholly-owned subsidiary of Land and Houses Financial Group (LHFG), the diversified financial arm of the Land and Houses Group, one of Thailand's largest real estate developers. The firm manages a diversified product platform spanning mutual funds (40+ sub-funds), private funds, provident funds, and Thai property/REIT funds, with thematic offerings spanning AI (LHAI), semiconductors (LHSEMICON, LHASIASEMICON), robotics (LHROBOTE, LHHUMANOID), quantum computing (LHQTUM), space economy (LHSPACE), cybersecurity (LHCYBER), defense (LHGDEFENSE), longevity (LHLONGEVITY), photonics (LHPHOTONICS), energy (LHGRID, LHSOLAR, LHGAS), esports (LHESPORT), blockchain (LHBLOCKCHAIN), and country/regional equity baskets across the US, Japan, China, India, Vietnam, Europe, and Taiwan. Its head office is at Q House Lumpini, 14th Floor, 1 South Sathorn Road, Bangkok, with 101-250 employees.

The company's revenue model is recurring management fees on assets under management, generated across four product categories: mutual funds, private funds, provident funds, and property/REIT funds. Distribution is multi-channel: the proprietary LHFund Online mobile app (iOS/Android), the online.lhfund.co.th web platform, PVD Online for provident fund members, bank clearing for investment transactions, and physical sales points across Thailand. The firm operates within the LH Financial Group ecosystem alongside LH Bank PCL and LH Securities PCL, enabling cross-sell across banking, brokerage, and asset management channels. Underlying exposure for most thematic and sector funds is sourced from third-party master funds and ETFs managed by global houses including First Trust, AXA World Funds, iShares, Schroder, VanEck, Invesco, Pictet, Neuberger Berman, GMO, Wellington, Janus Henderson, and Hamilton Lane.

The technology stack is built around self-serve digital platforms for account opening, fund search, portfolio management, NAV viewing, and buy/sell/switch transactions, rather than proprietary investment technology. Service offerings include tax-advantaged SSF and RMF products for retail investors, customizable private fund mandates for high-net-worth clients, and employer provident fund administration. Recognition includes consecutive Morningstar Star Ratings across multiple funds, SET Award in the property fund category, consecutive SET ESG100 index inclusion for LHSC and LHHOTEL REITs, and an Innovation Fund Award for thematic product development. Customer concentration is distributed across retail and HNW individual investors plus a corporate employer base using provident fund services.

Name

Land and Houses Asset Management

Legal name

บริษัทหลักทรัพย์จัดการกองทุน แลนด์ แอนด์ เฮ้าส์ จำกัด (Land and Houses Fund Management Company Limited)

Website

https://lhfund.co.th

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Land and Houses Fund Management is a Thai asset management company operating 40+ mutual, private, provident, and REIT funds, serving retail and high-net-worth investors with global and thematic product access via digital and LH Financial Group distribution channels.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (52591)

SIC

Real Estate Investment Trusts (6798), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Asset management services
• Mutual fund management
• Private fund management
• Provident fund administration
• Property REIT funds

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Fund Management Fees: The company generates revenue through management fees charged on various fund types including mutual funds, private funds, provident funds, and property funds/REITs. Revenue is derived from a percentage of assets under management across their diverse fund offerings.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Land and Houses Fund Management manages a diverse portfolio of mutual funds (thematic/sector, country, regional, dividend, fixed income, commodity, ESG), private funds (กองทุนส่วนบุคคล) for high-net-worth clients, provident funds (กองทุนสำรองเลี้ยงชีพ) for employers, and Thai property/REIT funds. Distribution is enabled through the LHFund Online web and mobile platforms, PVD Online, bank clearing networks, and cross-sell channels across the Land and Houses Financial Group (LHFG).

Product overview

Land and Houses Asset Management (LH Fund / บลจ. แลนด์ แอนด์ เฮ้าส์) operates as a unified fund management platform offering a broad portfolio of fund products and digital investment services. The core offering consists of the LHFund Online multi-channel platform (website, iOS/Android app, PVD Online for provident funds) that enables account opening, fund searching, portfolio management, and buy/sell/switching transactions. The fund product lineup spans multiple categories: (1) Thematic/Tech funds including LHAI, LHSEMICON, LHQTUM, LHSPACE, LHROBOTE, LHGDEFENSE, LHCYBER, LHINNO, LHLONGEVITY, LHHUMANOID, and LHASIASEMICON for robotics, AI, semiconductors, quantum, space, defense, cybersecurity, and photonics; (2) Equity funds across geographies such as LHGEQ (global), LHINDIAE, LHVN, LHEUROPE, LHCHINA, LHJAPE, and LHUS; (3) Sector funds including LHHEALTH, LHESPORT, LHBLOCKCHAIN, LHGRID, LHSOLAR, and LHGAS; (4) Income/Dividend funds such as LHDIVB, LHGOLD, and LHTWGHD; (5) Bond/Fixed income funds including LHDEBT and government bond series (LHGOV, LHJGOV); (6) Property/REIT funds like LHTPROP; (7) ESG funds including LHTHAIESG; and (8) Advisory/Private fund services for wealth management clients.

Differentiator

Problem solved

Functional benefit

Products and services

• LHFund Online App Mobile application (iOS and Android) that lets individual investors open accounts, search funds, view investment portfolios and NAV performance, execute buy/sell/switch transactions, assess risk profiles, and purchase LTF/RMF tax-advantaged investment units.
• PVD Online Online portal for provident fund (กองทุนสำรองเลี้ยงชีพ) administration, allowing members and employers to view and manage provident fund/pension accounts, contributions, and reporting.
• LHHUMANOID Fund Thematic equity fund investing in companies involved in the humanoid robotics industry, targeting the estimated $4.7 trillion market opportunity, with diversification across the industry value chain.
• LHAI Fund Thematic equity fund focusing on artificial intelligence companies and related technologies.
• LHQTUM Fund Thematic fund investing in quantum computing companies, tracking the Defiance Quantum ETF as the underlying master fund.
• LHSPACE Fund Thematic fund focusing on space economy companies, including satellite, launch, and space technology firms.
• LHROBOTE Fund Thematic equity fund investing in robotics companies, tracking the Pictet-Robotics master fund as the underlying fund.
• LHSEMICON Fund Sector equity fund investing in semiconductor companies, tracking the iShares Semiconductor ETF as the underlying master fund.
• LHASIASEMICON Fund Thematic fund investing in Asian semiconductor and semiconductor-related companies.
• LHGDEFENSE Fund Thematic equity fund focused on defense and security technology companies.
• LHCYBER Fund Thematic equity fund investing in cybersecurity companies, tracking the First Trust Nasdaq Cybersecurity UCITS ETF as the underlying master fund.
• LHINNO Fund Thematic innovation fund investing in disruptive and innovative companies globally.
• LHLONGEVITY Fund Thematic fund focused on longevity and healthcare innovation companies.
• LHPHOTONICS Fund Thematic fund focusing on photonics and optical technology companies.
• LHGRID Fund Fund focused on energy grid and power infrastructure companies.
• LHSOLAR Fund Fund focused on solar energy and solar power technology companies.
• LHGAS Fund Fund focused on natural gas companies and related energy sector.
• LHCOPPER Fund Fund providing exposure to copper commodity prices.
• LHGOLD Fund Gold commodity fund providing exposure to gold prices.
• LHHEALTH Fund Healthcare sector fund investing in global healthcare and pharmaceutical companies.
• LHESPORT Fund Thematic fund focused on esports and video gaming companies, tracking the VanEck Vectors Video Gaming and eSports ETF.
• LHBLOCKCHAIN Fund Thematic fund investing in blockchain and digital asset-related companies.
• LHGEQ Fund Global equity fund investing in stocks worldwide with tax efficiency benefits (LTF eligibility).
• LHINDIAE Fund India equity fund investing in Indian listed companies.
• LHVN Fund Vietnam equity fund investing in Vietnamese listed companies.
• LHEUROPE Fund European equity fund investing in European companies.
• LHCHINA Fund China equity fund investing in Chinese listed companies.
• LHJAPE Fund Japan equity fund investing in Japanese companies.
• LHUS Fund US equity fund investing in US listed companies.
• LHDIVB Fund Dividend-focused equity fund tracking the iShares Core Dividend ETF.
• LHTWGHD Fund Taiwan growth and high dividend equity fund tracking the CTBC TIP Customized Taiwan Growth and High Dividend ETF.
• LHUSFIN Fund US financial services sector fund tracking the iShares U.S. Financial Services ETF.
• LHTHAIESG Fund Thai ESG equity fund investing in environmentally and socially responsible Thai companies with tax benefits.
• LHTPROP Fund Thai property and REIT fund investing in Thai real estate investment trusts.
• Government Bond Fund Series (LHGOV6M1, LHGOV3M1, LHJGOV3M1, LHSGOV3M1) Government bond funds with varying maturity periods (e.g., 6M, 3M) investing in Thai government bonds.
• LHDEBT Fund Fixed income fund offering diversified debt exposure.
• LHDIGITAL Fund Digital economy equity fund tracking the AXA World Funds – Framlington Digital Economy as its master fund.
• LHMEGA Fund Global innovation thematic fund investing in disruptive technology companies.
• Private Fund (กองทุนส่วนบุคคล) Private fund service offering customizable investment portfolios for high-net-worth investors, managed by the fund management team.
• Provident Fund Management (กองทุนสำรองเลี้ยงชีพ) Management and administration service for employer provident funds, including employee enrollment, contribution management, and reporting, delivered alongside the PVD Online portal.
• LH Fund Selection Core & Satellite Portfolio Strategy Investment advisory strategy combining core (stable, diversified) and satellite (high-growth thematic) portfolio allocations to optimize risk-adjusted returns.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Land and Houses Financial GroupcoreStrategic or Co-development PartnerLand and Houses Fund Management operates as part of the Land and Houses Financial Group, which includes LH Financial Group PCL (LHFG), LH Bank PCL, and LH Securities PCL. The group synergy enables cross-selling of fund products across banking and securities channels.
• Global Asset Management PartnersminorChannel Partner/ Reseller/ DistributorThe company invests in master funds from global managers including First Trust (Cybersecurity ETF), AXA World Funds, iShares, Schroder, VanEck, Invesco, Pictet, Neuberger Berman, GMO, Wellington, Janus Henderson, Hamilton Lane, and others.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• One Asset Management (formerly Ayudhya Capital): Thai asset management firm offering mutual funds and provident fund services, comparable in size and product mix to LH Fund; competes for retail SSF/RMF and institutional mandates.
• Kasikorn Asset Management: One of Thailand's largest mutual fund managers, subsidiary of Kasikornbank. Directly competes with LH Fund across retail mutual funds, SSF/RMF wrappers, and provident funds, with a deeper distribution network through KBank branches.
• Thanachart Fund Management: Fund management arm of Thanachart Group, offering mutual and provident funds in Thailand. Comparable in product breadth and distribution to LH Fund, though smaller in scale.
• TISCO Asset Management: Asset management subsidiary of TISCO Financial Group. Overlaps with LH Fund in Thai mutual funds, private funds, and provident funds, with a strong HNW and institutional client focus.
• SCB Asset Management: Asset management arm of Siam Commercial Bank, among the top Thai mutual fund houses. Competes across the same retail and institutional fund categories, including thematic and tax-advantaged products, with bank-led distribution.
• Krungsri Asset Management: Asset manager of Bank of Ayudhya (Krungsri), part of the Mitsubishi UFJ group. Competes head-to-head with LH Fund in Thai mutual funds, private funds, and provident funds, leveraging Krungsri's nationwide branch network.
• Bangkok Capital Asset Management: Thai asset manager affiliated with Bangkok Bank group, competing directly in retail mutual funds, SSF/RMF products, and institutional mandates.

Broad incumbents

• BlackRock: Global asset management giant whose iShares ETFs are used as underlyings by LH Fund's feeder products. Indirect competitor and ecosystem participant, as BlackRock both supplies and competes with LH Fund across retail-facing fund wrappers.

Regional players

• UOB Asset Management (Thailand): Thailand subsidiary of UOB Asset Management (Singapore). Offers comparable mutual fund products and competes in the same retail/HNW segments, with regional ASEAN distribution synergies.
• abrdn (Thailand): Global asset manager with Thailand operations, distributing mutual funds via Thai banks and direct channels. Overlaps with LH Fund in globally diversified and thematic equity products.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/lhfundinvest
• Facebookfacebook.com/lhfund.official
• LinkedInlinkedin.com/company/lh-fund-management

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Land and Houses Asset Management