Kingsmead readies Vietnam small-/mid-cap fund
The Singapore-based asset manager opened an office in Ho Chi Minh City in March with a view to developing the strategy, which will go live next month.
Vietnam has been a “terrible place to invest” since the 2008 financial crisis, admits John Foo, chief executive and chief investment officer of Kingsmead Asset Management. But he argues that the country is on the cusp of a turnaround, despite recent turmoil there.
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