Saigon Asset Management partners with portfolio companies
The Ho Chi Minh City-based firm will advise NBB Investment Corporation and Construction and Materials Trading Company on investments, financing and real estate projects.
Saigon Asset Management has signed a strategic partnership with two Vietnamese firms, listed property company NBB Investment Corporation and construction materials supplier Construction and Materials Trading Company (CNT).
Saigon AM manages two Frankfurt-listed investment funds, Vietnam Equity Holding (VEH) and VPH; the latter has invested about 15% in both NBB and CNT. The firm has total assets under management of $125 million.
"NBB and CNT have assets -- not investments -- that we…
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