Tag : dragon capital

The Ho Chi Minh City-based firm has launched what it says is Vietnam's first Ucits fund. It is mulling partnering with firms to offer third-party funds on its Ucits platform.

The recent change in tack comes amid other plans to liberalise Vietnam's financial markets. Meanwhile, the first locally listed exchange-traded funds are in the pipeline.

Dragon Capital says Vietnam Asset Management Co could open up distressed bank debt opportunities in the country, but Fitch Ratings is less convinced.

Frontier Investment & Development Partners is less upbeat than its former partner about the outlook for Vietnam and is raising a separate fund of its own.

Foreign investors must have exit strategies at all times to guard against the sudden risk of market liquidity grinding to a halt, says a fund manager in Ho Chi Minh City.