Fund managers and even some providers of exchange-traded funds say ETFs may be ill-suited for accessing immature markets.
VinaCapital chairman Horst Geicke and his wife, Katherine Yip-Geicke, are locked in a dispute over the ownership of the Vietnam-based fund management company.
The founders of VinaCapital say open-ended funds and higher foreign ownership limits may arrive next year in Vietnam, after the Communist Party congress in January.
The firm hires Stacy Kincaid to gather assets and drive projects for unlisted investment strategies in Vietnam.
Recent actions include a tender offer by Indochina Capital and a dividend payment by VinaCapital.
There are very few options for international investors looking to invest in Vietnam’s debt market and VinaCapital hopes to make that work to its advantage.
Indochina Capital promotes two senior staff, while VinaCapital woos a new director of treasury and fixed income.
CEO Don Lam says the company has no plans to launch onshore funds for now because local investors generally still prefer to invest directly in stocks.
The financial technology firm opens an office in Ho Chi Minh City as it grows its Vietnam clientele.
VinaCapital raises over $300 million in London.