Vietnam: Saigon Securities unit closes $40m fund to invest in listed, private firms

Vietnam: Saigon Securities unit closes $40m fund to invest in listed, private firms

Nguyen Duy Hung, chairman of SSI Asset Management.

SSI Asset Management (SSIAM), a unit of Vietnam’s largest brokerage house Saigon Securities Inc, has closed a $40-million fund last week, with funding from Japan’s Daiwa Securities Group, said a senior executive with the firm.

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