News

Investor Letter 3/2018

Petri Deryng 16.10.2018

Portfolio Manager Petri Deryng’s Investor Letter in October 2018, which looks at the prospects of key portfolio companies in PYN Elite and draws conclusions from the last five stock market

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September 2018

Maggie Yi 04.10.2018

In September, PYN Elite Fund advanced 4.2%, outperforming VNIndex which was up 2.8%. The fund was supported by MWG and our midcap stocks. It seems investors are increasing interested in

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August 2018

Maggie Yi 05.09.2018

In August, PYN Elite gained 5.4% primarily supported by VND, HBC and HDB. VN Index advanced 3.5% on energy name GAS and banks. Trading volume remained subdued at $230m/day in

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July 2018

Maggie Yi 08.08.2018

In July, the Vietnamese market remained weak for the fourth consecutive month following strong foreign net sell. VN Index lost 0.46% despite the recovery in the second half of the

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June 2018

Maggie Yi 05.07.2018

A stronger dollar and fear of a US-China trade war kept the Vietnam stock market soft: VN Index lost 1.1% in June, the third month of correction in a row.

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Investor Letter 2/2018

Petri Deryng 05.07.2018

Portfolio Manager Petri Deryng’s Investor Letter in July 2018, reviewing the fall of Vietnam’s stock market and PYN Elite from their peak in the spring.

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