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Vietnam Asset Management

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Vietnam Asset Management
Company typeLimited Liability
IndustryAsset Management
Founded2006
HeadquartersHo Chi Minh City, Vietnam
Products Closed-end Vietnam equity funds
Open-ended Vietnam equity unit trusts
Private managed account and Direct/co-investments
Number of employees
15
Websitewww.vietnamam.com

Vietnam Asset Management (VAM) was founded in 2006 by current managers John Lyn (Executive Chairman), Nguyen Xuan Minh (Chief Executive Officer/Chief Investment Officer) and Nguyen Hoai Thu (Investment Director/Head of Research) and is a fund management company that primarily engages in public and private equity investment and advisory services in Vietnam. VAM is domiciled in the British Virgin Islands as a limited liability company, and has a representative office in Ho Chi Minh City, Vietnam.

In September 2007, UOB-Kay Hian and Dubai Investment Group, a Dubai Holding company bought strategic stakes in VAM, as well as investing into one of VAM's closed-end funds. [1] VAM also manages in cooperation with HLG Unit Trust of Malaysia, a Hong Leong Group company, the HLG Vietnam Fund. VAM was the first Vietnam fund manager to launch a Vietnam Index Linked Fund, which it distributes in cooperation with H.S. Securities of Japan.

Funds Under Management

  • Vietnam Emerging Market Fund, Ltd. (VEMF) - Launched in 2007, this Cayman Islands domiciled closed-end fund focuses on private and public equity investments in private equity, Privatization, OTC, and listed markets for Vietnamese companies.
  • VAM Vietnam Strategic Fund, Ltd. (VVSF) - Launched in 2007, this Cayman Islands domiciled closed-end fund focuses on private and public equity investments in private equity, Privatization, OTC, and listed markets for Vietnamese companies. [2]
  • HLG Vietnam Fund (HLGVF) - Launched in 2008, this Malaysian domiciled unit trust focuses on private and public equity investments in private equity, Privatization, OTC, and listed markets for Vietnamese companies. The fund is managed in cooperation with HLG Unit Trust targeting Malaysian wholesale investors. [3]
  • HS-VAM Vietnam Index Linked Fund (VILF) - Launched in 2008, this Cayman Islands domiciled unit trust is designed to track a composite of Vietnamese blue-chip listed equities in both the Ho Chi Minh and Hanoi stock exchanges. The fund is offered to Japanese retail investors with the cooperation of H.S. Securities of Japan.

References

  1. ^ [Reuters, 26 Sep 2007 - S'pore's UOB Kay Hian,Dubai group buy into Vietnam]
  2. ^ [ibid]
  3. ^ HLG Vietnam Fund Prospectus