Dragon Capital Group

Dragon Capital, headquartered in Ho Chi Minh City, is the oldest Vietnam-based asset manager. Dominic Scriven and Partners founded Dragon Capital in 1994, six years before the stock market was established, demonstrating unique foresight.

Today, Dragon Capital Group is the leading investment group in Vietnam, significantly contributing to the development of the investment culture and embedding the concept of sustainability in the country. Milestones in the Group’s history include the launch of VEIL (Vietnam Enterprise Investments Limited) in 1995, the adoption of the Dragon Sustainability Policy in 2002, the achievement of carbon neutrality (Scope 1 & 2) in 2006, the launch of the Vietnam Equity Fund (UCITS) in 2013, the accession to IIGCC (2010) and the UNPRI (2013).

Growing in tandem with Vietnam, Dragon has taken a pioneering role in building its financial infrastructure and capital markets. Engaging directly with policymakers, Dragon Capital has helped bring international standards of corporate governance and best practices to some of Vietnams largest public companies.

Dragon Capital offers international investors access to the Vietnamese capital market, with equity playing the dominant role. The Vietnam Equity Fund and SMA’s are available as investment vehicles for Professional Investors. They include high net worth individuals, family offices, pension funds, leading international asset managers and sovereign wealth funds.

Profile of Dragon Capital Group:

• Independent asset manager with over USD 5-bn AuM.
• Shareholders are founders, employees (65%) and two investors from Korea and Europe (35%).
• More than 200 employees are based in Vietnam (Ho Chi Minh City & Hanoi), Hong Kong and the UK.
• Proprietary expertise in macro & corporate research (17 analysts) and fund management (16 managers)
• Dedicated ESG team

Characteristics of Dragon’s Equity Investment Strategies:

• Investment Philosophy:
  – Active manager with a Quality GARP stock selection process
  – ESG sustainability criteria determining the investible equity universe
• Investment Objective:
  – Middle to long term capital growth & outperformance of the market
• Investment Approach:
  – Macro and capital market analysis together with top-down and bottom-up analysis of investee companies
  – The core of the investment process is proprietary primary research (macro data, company valuation, growth
    prospects and capital market data)
  – Structured investment process via Dragon Capital’s proprietary digital platform IRIS (Integrated
    Resources & Intelligence System)
  – Portfolio Managers compile their discretionary portfolios on the basis of in-depth research and risk management overlay

Learn more about VEF (Vietnam Equity (UCITS) Fund)

• Investment objective: medium-term relative outperformance of the VN Index (VNI).
• Active management in Vietnamese equities (active share of approx. 60%).
• All Cap equity portfolio of 30 to 40 companies (at least 90 % listed).
• Equity ratio: at least 51%; usually fully invested.
• Risk management: UCITS rules and internal risk monitoring

You have the opportunity to receive monthly updates about VEF. If you are interested, please write to us at Info@aab-as.de.