Fund investors are losing their taste for Vietnam
Article Abstract:
Fund investors are shying away from Vietnam due to lack of active market and room for development. Investors simply lost their interest in doing fund managing business in Vietnam, despite the discounts to net asset value per share. Funds are standing idle, waiting for new projects and investments to emerge. However, once the funds are invested, fund managers encounter the difficulty of liquidating the funds back to cash. Low turnover and bad results also prompted fund managers to divert their investments from the country.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Jardine Fleming fund limits losses for investors, but returns may be lower
Article Abstract:
Jardine Fleming Trusts Ltd.'s Jardine Fleming Capital Guaranteed MasterSeries is a new mutual fund that limits an investor's losses to only 2.5% per quarter. Launched in Jan. 1996, the product averages the highs and lows of its underlying markets to ensure that large market drops are not reflected in the returns. Unfortunately, sharp market climbs are also averaged out so returns will be limited. The product is designed for relatively cautious investors and those who do not want to lose any money.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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In Japan, GT warrant fund fetches top, steady returns
Article Abstract:
The GT Japan Warrants and Derivatives Fund is a mutual fund created by LGT Asset Management Ltd. that is considered less risky and a more stable investment option than others. This rating was the result of a survey of over 1,200 mutual funds authorized in Hong Kong. The mutual fund posted a 133% return for the 12 months up to Mar. 26, 1996 as compared to the average return of 32% made by other funds.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Comment about this article or add new information about this topic:
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