Dragon Capital's fund manager DCVFM to register over 31 mln shares on UpCoM
Dragon Capital Vietfund Management JSC (DCVFM), a subsidiary of Vietnam-focused asset manager Dragon Capital Group, plans to register all 31.2 million outstanding shares on the unlisted public companies market (UPCoM).
In a board resolution released on Tuesday, the firm said it has approved centralized share registration with the Vietnam Securities Depository and Clearing Corporation and simultaneous registration for UPCoM trading.
Logo of Dragon Capital. Photo courtesy of the firm.
December 4, 2025, has been set as the record date for shareholder eligibility. The listing schedule will be decided by the CEO in line with public company regulations.
DCVFM reported managing and advising assets totalling about VND128 trillion ($4.9 billion) as of May 2025. The company employs more than 200 staff from eight countries and offers investment products and advisory services to both domestic and foreign investors.
The fund manager has charter capital of VND312 billion ($11.84 million) and 167 shareholders. Foreign shareholders dominate ownership, with Dragon Capital Markets (Europe) Limited holding 48% and Dragon Capital Management (Hong Kong) Limited controlling 39.95%. Individual investors own about 7.24%.
DCVFM is one of Vietnam’s largest public fund managers, accounting for roughly 59% of the net asset value of the country’s public investment funds by both number of funds and assets under management, according to its disclosure.
Dragon Capital Group, Vietnam's largest asset manager, in August appointed Le Anh Tuan as CEO of its arm Dragon Capital Vietfund Management Joint Stock Company (DCVFM), starting from October 1, 2025.
Tuan succeeded Beat Schuerch, who continues to serve as a member of the board of directors of Dragon Capital Group and DCVFM.
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