James Carthew writes “At VOF, which is the one that I hold, the manager has been overhauling the portfolio and its team; around two-fifths of the portfolio has been turned over the past year. It also says it is restructuring some illiquid legacy investments…VinaCapital Vietnam Opportunity has made a few profitable pre-IPO investments recently and I remain convinced of the rationale for including private investments within the portfolio. It also helps differentiate it from its peers.”
Read more: CityWire | James Carthew: Why are Vietnam trusts floundering whilst the economy booms?