Asset Management Of BVF Continued To Grow Well, Reaching VND47.8 Trillion ($2 Billion) In Q1/2018

BVF is using technology to improve its services.

Bao Viet Fund (BVF) has announced its first quarter business results for 2018. Accordingly, total asset management continued to grow well, reaching VND47.8 trillion ($2 billion), up 7.5 per cent compared to the end of 2017, and revenue growth was 20.7 per cent higher than the same period last year.

Open funds managed by BVF also achieved comparatively good results. Specifically, the Bao Viet Bond Fund (BVBF) recorded a NAV/CCQ growth of 10.44 per cent in the first quarter of 2018. Bao Viet Potential Fund (BVPF) also recorded a relatively high growth rate of 8.41 per cent.

In 2018, BVF will focus strongly on its information technology platform to improve the quality of its services and to be able to provide more services for its customers. In fact, a new website with a more user-friendly interface was launched in January 2018. In addition, BVF also upgraded their online ordering software and developed its own mobile application to help investors easily track their portfolio and facilitate transactions.

Bao Viet Fund Company Limited is a wholly owned subsidiary of Baoviet Holdings, which plays a pivotal role in managing the investment activities of Bao Viet Holdings. With a total asset management of nearly VND48 trillion ($2.1 billion), BVF is one of the two largest asset management companies in the market.

BVF specialises in providing professional financial services, portfolio management, fund management and securities investment advice. Currently, the company manages three open-end funds (BVFED, BVBF and BVPF), one member fund (BVIF) and has many trusted clients. In the context of many market fluctuations, the investment activities of BVF always achieve satisfactory results and meet the expectations of its customers.

http://vneconomictimes.com/article/business/asset-management-of-bvf-continued-to-grow-well-reaching-vnd47-8 trillion-2 billion-in-q1-2018

 

Category: Finance, Vietnam

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