More investment funds receive licenses as stock market thrivesVietNamNet Bridge - The Thien Viet Fund Management Company (TVAM) of Thien Viet Securities (TVS) on July 28 organized a ceremony to celebrate the first anniversary of the TVGF fund, where it announced the establishment of the second TVGF - TVGF2 fund. A manager of TVAM said TVAM would launch the new fund – TVGF2 – a closed-end fund in early October. With the investment portfolio management and investment consultancy worth VND10 trillion, PVI AM is one of the companies managing the biggest assets in Vietnam. Meanwhile, SSI Fund Management Company (SSIAM) in July carried out the IPO for SSI Bond Fund (SSIBF), with total initial capital of VND50 billion. Most (nearly 20) are open-end funds) and real estate investment funds.

Source: VietNamNet News August 21, 2017 09:11 UTC