12 March 2010
For immediate release
VinaCapital wins two Asia Asset Management 2010 ‘Best of the best’ awards
Ho Chi Minh City – VinaCapital Group, a leading asset management, investment banking and real estate firm focused on Vietnam, has received two awards in the 7th annual Asia Asset Management ‘Best of the best’ fund management awards.
VinaCapital Group won ‘Best fund house – Vietnam’ and VinaCapital CEO Mr. Don Lam was recognized as ‘CEO of the year – Vietnam’. Both awards were given at a banquet dinner in Hong Kong on 11 March 2010.
The Asia Asset Management ‘Best of the best’ awards are one of the Asian region’s top awards for the fund management industry. The wide range of categories in 2010 included winners from world-renowned companies like JP Morgan Asset Management, HSBC Asset Management, and Franklin Templeton, as well as country-level fund managers like Mirae from South Korea, and UOB from Singapore.
VinaCapital Chairman Mr. Horst Geicke accepted the ‘Best fund house – Vietnam’ award, and CEO Don Lam accepted his ‘CEO of the year’ award. The ‘Best fund house’ category awarded asset managers to their investment track record, market share, and commitment to investor relations. The ‘CEO of the year’ is given to company leaders who demonstrate a commitment to grow their companies and play a leading role in their industry, including corporate social responsibility.
Accepting the ‘Best fund house – Vietnam’ award, Horst Geicke thanked Asia Asset Management for recognising VinaCapital’s commitment to growth: “Our company has grown from managing a single USD10 million fund in 2003 to over USD1.7 billion today. This is testament to the excellent work of our investing teams in Vietnam, and the commitment we have shown to working with partners and investors from around the world.”
Accepting the award for ‘CEO of the year – Vietnam’, Don Lam said: “I think it is important for the fund management industry here in Vietnam to strive for the same quality standard set by the world’s top financial services firms. At VinaCapital our slogan is ‘Taking Vietnam to the world’ – a statement on how we reach out to potential foreign investors and institutions, educating them about the business and investing opportunities in Vietnam.
“As only one example, VinaCapital has been a strong proponent of Vietnam and Vietnamese companies establishing their voice at the World Economic Forum, and VinaCapital is sponsor of the WEF Asia regional meeting that will take place in Ho Chi Minh City this year.”
VinaCapital Group is a leading asset management, investment banking and real estate consulting firm with unrivalled experience in the Vietnamese market. VinaCapital Group was founded in 2003 and has grown from a single USD10 million fund to a diversified investment firm with over USD1.6 billion in assets under management as of July 2009.
VinaCapital manages three closed-end funds trading on the London Stock Exchange’s Alternative Investment Market (AIM). These are: VinaCapital Vietnam Opportunity Fund (VOF); VinaLand Limited (VNL); and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the DFJ VinaCapital technology venture capital fund with Draper Fisher Jurvetson. More information is available at www.vinacapital.com.