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Incorporated in the Cayman Islands, Vietnam Enterprise Investments Limited (VEIL) is a large British closed-ended equity mutual fund dedicated to investments in Vietnam. Established and managed by Dragon Capital Management Limited, it primarily invests in listed and pre-Initial Public Offering (IPO) companies in Vietnam that operate across diversified sectors. It mainly targets the value and growth stocks of companies. When creating its portfolio, the fund considers factors, such as good corporate governance and alignment to Vietnam’s underlying growth drivers. It benchmarks its portfolio performance against the VN30 Index, the VN index, and the MSCI EM Index. The Bill and Melinda Gates Foundation is the largest shareholder that owns over 11% of the company’s shares. The Vietnam Enterprise Investments share price is listed on the London Stock Exchange and included in the FTSE 250 Index.
To view details about the VEIL share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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