VNStockNews.com - As of June 1, Vietnam Dream Fund capitalised at $100 million will start operation on Vietnamese stock market. The fund was formed by the cooperation of Japan Asian Group's United Investment and MB Capital.
Thang Long Securities Co will be the official brokerage for the fund.
Truong Thi Huong Tra, business development director of MB Capital said that the establishment of Vietnam Dream Fund showed the faith of Japanese investors in Vietnamese stock market. From the start, twp parties will continue making big efforts to raise capital from some other international markets to connect this capital flow with Vietnam.
Vietnam Dream Fund will mainly invest in Vietnam listed firms, she added.
Till end of March 2010, total assets managed by MB Capital reached over 20 trillion dong.
