Friday, December 7, 2007

Vietnam Opportunity Fund raises $272m in recent share placing

From HedgeFunds Review:

The Vietnam Opportunity Fund (VOF), a closed-end fund traded on the AIM Market of the London Stock Exchange, has raised an additional $272m in its seventh round share placing. The amount raised exceeds the $200m target set at the commencement of the fundraising in early October 2007.

From January to October 2007, the VOF has achieved a 37.4% return. VOF is one of the largest capitalised and most liquid stocks on AIM, with an average daily volume of approximately $9-10m....MORE