Saigon Plans U.S-Domiciled Vietnam Fund

Dec 4 2009 | 12:54pm ET

Saigon Asset Management plans to launch a new offshore hedge fund with Vietnamese industrial giant REE Corp.

The new Vietnam Smart Money Fund will be domiciled in the U.S., but invest in Vietnamese real-estate projects, pre-initial public offering companies and listed Vietnamese equities. RNG, REE’s investment arm, plans to offer a local version of the fund, as well.

“Foreign investors remain interested in the great performance of the Vietnam Index and the phenomenal long term growth of the country,” Saigon CEO Louis Nguyen said. “However, access to quality deal flow and consistent return performance remain to be challenging issues. To be able to invest in Vietnam through this ‘Smart Money’ format and share thoughts directly with the country’s industry leaders is a very unique and attractive proposition.”

Saigon AM is based in Ho Chi Minh City and manages more than US$125 million.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.