Vietnamese companies are slow to allow foreign investors greater share allocations, even as the country’s prospects brighten.
Raising the country's foreign-ownership limits would attract more investment from offshore and provide local banks with greater access to foreign expertise, say fund managers.
The Ho Chi Minh City-based asset manager has just received a licence for the new fund and is about to list its existing PXP Vietnam Fund in London.
What better time to introduce a product investing in ôthe worldÆs worst stockmarketö?
Changes to taxation for new listings should boost prospects for PXPÆs third Vietnamese equities fund.