AFC’s Hugger talks up Vietnam fund launch

Vietnam has not been flavour of the month among foreign investors in the past few years, but Thomas Hugger, chief operating officer of Asia Frontier Capital, feels the country’s luck is about to change. Admittedly, it heavily in his interest to say so – his Hong Kong-based firm today launches an open-ended fund focused on Vietnam. Open-ended funds are new to Vietnam, having been given the green light this year. The strategy, with an initial $50 million, will invest in small- and…