Prudential Public Investment Fund to be Launched
The Prudential Vietnam Public Investment Fund will be launched in late July. The information was announced by representatives from the Prudential Vietnam Fund Management Company (PVFMC) at a seminar on ‘Public Investment Fund’ held by PVFMC in Hanoi on July 4. Over 100 people, who are investors, organisations, and investment experts attended the event.
Robert Rountree, director of investment service of the Prudential Asia Fund Management Company, said that not all people had enough time and knowledge, as well as capital to invest effectively. At the same time, individual investors act by feeling and chain effect. The public investment fund will facilitate investment, as capital of investors will be gathered to be invested in many companies and fields, thus helping minimise risks as their capital is managed by professional fund managers.
Mr. Rountree stressed that with long-term economic potential, Vietnam is capable of gaining sustainable profits and the public investment fund would be an opportunity for investors to share profits when companies and the economy develop.
Vietnamese
