SSIAM has won the Best Business Development award at AsianInvestor magazine’s 2022 Asset Management Awards. — Photo courtesy of SSI

SSI Asset Management Company Limited has won the Best Business Development award at AsianInvestor magazine’s 2022 Asset Management Awards.

The COVID-19 pandemic had an unprecedented impact on many economic sectors in Việt Nam and globally, including on fund management.

Cash flows were significantly affected, partly due to the withdrawal of foreign investors from the market.

Faced with that situation, SSIAM has in the last two years quickly transformed, restructured products and expanded cooperation with local and foreign partners, which have helped it gain remarkable successes and improve clients' investment efficiency.

To attract foreign investments to Việt Nam, it has tied up with organisations in Korea and Thailand for years.

It has also launched new funds.

As of December 31 last year the total assets under management by  SSIAM was VNĐ12.96 trillion (US$562.91 million).

Lê Thị Lệ Hằng, CEO of SSIAM, said, "The award from Asian Investor is an important encouragement for SSIAM to continue to bring diversified products and best services to domestic and foreign investors.

“With a team of professional fund management experts, and having rich experience and understanding of the market, and extensive strategic vision and sustainable development, SSIAM will receive the trust of more investors in future.”

AsianInvestor is dedicated to the region's investment industry, with a particular focus on asset owners.

The Asset Management Awards recognise outstanding achievements by Asia Pacific-based funds and asset managers in investment management, use of technology, securities servicing, innovative products, leadership, and others. — VNS