Dai-ichi Holdings is deepening its roots in Vietnam in order to cash in on the market’s immense potential. Dai-ichi Life Vietnam has grown into the fourth largest life insurers in Vietnam Dai-ichi Life Vietnam Fund Management Company Limited – the wholly-owned subsidiary of Dai-ichi Life Insurance Company of Vietnam which is a member of Dai-ichi Holdings Inc. from Japan – has just launched its DFVN Capital Appreciation Fund with the charter capital of more than VND75 billion ($3.2 million). The move is in conformity with the Incorporation License for public securities investment fund No.34/GCN-UBCK by the State Securities Commission of Vietnam dated January 3, 2019. The new fund (DFVN-CAF) is the first open-ended fund established and managed by DFVN. With dedicated and experienced on-the-ground team of professionals, DFVN has been entrusted to manage the life insurance funds of the Dai-ichi Life Insurance Company of Vietnam (or Dai-ichi Life Vietnam) with … [Read more...] about Dai ichi Life Vietnam Fund Management Company launches open ended fund
Fundamental investors fund
Dai-ichi Life Vietnam Fund Management Company launch Open-ended Fund – DFVN Capital Appreciation Fund
DFVN-CAF is the first Open-ended fund established and managed by DFVN. With dedicated on-the-ground experienced team of professionals, DFVN has been entrusted to manage life insurance funds of capital of the Dai-ichi Life Insurance Company of Vietnam, Limited (Dai-ichi Life Vietnam) with the total asset under management over VND17,000 billion as of November 2018. Taking a long term view, DFVN emphasizes being disciplined in investment process while remains flexible in execution of investment tactics in response to market conditions. DFVN-CAF investment strategy is the combination of value style - setting a foundation of quality investment assets/equities with good fundamentals that can bring in stable sources of return, and growth investment strategy - navigating opportunities for potential higher income; a fusion investment method combining “top-down” macros, industry analysis and “bottom-up” approach looking deeper into company fundamentals, stock valuations … [Read more...] about Dai-ichi Life Vietnam Fund Management Company launch Open-ended Fund – DFVN Capital Appreciation Fund
Vietnam forecast to be the magnet of foreign investors next year
The Hanoitimes - Nearly 90 percent of investors said that the hottest Southeast Asian investment destination outside of Singapore in 2018-2019 will be Vietnam and Indonesia. Though Singapore has long ruled the region's booming venture capital and private equity investment market, new players, including Vietnam, are emerging and could take its crown. Warburg Pincus is investing US$370 million in Techcombank. Photo: Internet According to a recent survey of management consulting firm Bain & Company, nearly 90 percent of investors said that the hottest Southeast Asian investment destination outside of Singapore in 2018-2019 will be Vietnam and Indonesia. Though Singapore remains Southeast Asia’s investment hub, vibrant start-up ecosystems are emerging across the region, the survey states, adding that together, Indonesia and Vietnam generated 20 percent of the region’s private equity deal value over the past five years, and that percentage is likely to … [Read more...] about Vietnam forecast to be the magnet of foreign investors next year
Investors should remain calm, says market regulator
Mid- and long-term prospects are still good, says the State Securities Commission As the VN-Index tumbles again and reaches the new low at 906 points, market regulators have issued advisory messages for investors. According to Tran Van Dung, the Vietnamese market still has tremendous potential in the mid- and long-term, and investors should not overreact to global volatilities. On July 3, the VN-Index lost 41 points to land at the 906 mark, continuing its losing streak. Can you explain the reasons for this ongoing fall? Since the end of last year, we have been worried about two risks that can have a double impact on the Vietnamese market: possible rate hikes by the US Federal Reserve and global trade tensions, especially between the US and China. Both of these risks materialised in June: On the 13th, the Fed announced a rate hike and more increases are set to follow within the year. At the same time, trade tensions between the US and China and Europe also had a negative impact on … [Read more...] about Investors should remain calm, says market regulator
Foreign funds see profits vanish in market slump
Viet Nam News HÀ NỘI — Volatility on Việt Nam’s stock market in the past two months has dragged down the performance of foreign investment funds here. Việt Nam’s benchmark VN-Index on the HCM Stock Exchange has declined about 18 per cent in the last two months, eating away most of its gains of over 19 per cent in the first quarter of 2018. Since its highest record of 1,204 points on April 9 this year, the VN-Index lost 20 per cent by May 25, closing this week at 963.9 points. In line with the market downtrend, Pyn Elite Fund, the Finland fund which focused on Vietnamese shares, lost all of its gains since the beginning of this year. The net asset value (NAV) of Pyn Elite Fund as of May 15 decreased 0.2 per cent against last month, reaching 315.82 euros. Its assets under management were 436 million euros (US$510 million). In April, it also witnessed a monthly decrease of 1.5 per cent. Investments causing the biggest losses for the fund … [Read more...] about Foreign funds see profits vanish in market slump