News and Insights

SSIAM has had 17 years of development; during these 17 years, we have experienced many ups and downs with various emotions. The most memorable milestone to me is the launching of SSIAM's first public open-end fund, the SSI Sustainable Competitive Advantage Fund (SSI-SCA).

Starting with the largest member fund in the market in 2007, the SSI Vision Fund, with a total size of 1.7 trillion VND when the fund closed, the company has expanded significantly into a diverse range of funds and separately managed portfolios.

The launching of the SSI-SCA open-end fund has shifted SSIAM’s services from catering to a small group of institutional investors to serving the general public with numerous individual investors. This shift greatly expanded development opportunities, product offerings, and operational methods for SSIAM. While member funds have a defined operational period, open-ended funds are not limited in this way, meaning they can potentially exist indefinitely. A well-performing fund can bring financial prosperity to investors across generations. By pooling small contributions from many investors into large capital flows for promising businesses, open-ended funds relieve the public of individual time and effort required to find investment opportunities.

Another significant milestone for SSIAM was the establishment and operation of the ‘Doc Lap’ Voluntary Pension Fund, with contributions from companies for employees. The aim was to provide workers with a better financial foundation for retirement. True to its name, Doc Lap (meaning ‘Independence’), the fund is designed to ensure that retirees have financial independence, free from reliance on their children. This financial independence allows retirees to enjoy peace of mind and fully experience the joy of retirement, a significant phase of life. This is a wonderful collaboration between companies and fund management firms to ensure a beautiful and peaceful retirement for workers.

For 17 years, SSIAM has consistently accompanied the market and its clients in its unique way, [...] persistently aiming to be a partner in the success of our clients, as reflected in our motto: "Partner to Prosperity."

We focus on finding the best investment opportunities in the market and offer a diverse range of financial products and services. We understand that each client has different investment preferences and risk tolerances. At each stage of life, clients have different goals and financial capacities. Our goal is to ensure that at any stage, clients find a financial solution from SSIAM that suits them and the current economic context. Therefore, we are always at the forefront of offering new products and offering them on convenient trading platforms. Some products take time to develop and grow, but we remain committed to becoming a partner in our clients' success, as per our motto: "Partner to Prosperity."

Our investment philosophy is "Quality at a Reasonable Price." This is what sets SSI Asset Management apart.

In other words, we select investments based on the company's solid fundamentals, focusing on competitive advantages and corporate governance quality, and investing at attractive valuations to minimize risk. We do not choose investments based on short-term visions but always seek to invest based on the true value of the investment. Only in this way can we provide good returns to investors under any market conditions.

Additionally, managing investment risk is as crucial to us as seeking profit. Profit is only half of the picture, the more visible half. Meanwhile, the risk the portfolio is accepting is less visible. Therefore, to accurately assess the effectiveness of an investment fund, investors must look at the fund’s performance over a long period. To maintain high, sustainable returns, along with the right methodology, discipline and a supportive system for effective decision-making are necessary. These factors are not easily accessible to investors and are what SSIAM consistently aims for and utilizes in managing funds/SMAs for our clients.

Our goal is for both domestic and international investors to always find SSIAM as a reliable destination when considering investing in the Vietnamese market.

Having operated in the market for 17 years, we have a clear understanding of the role and responsibility of an asset management company towards investors. SSIAM is committed to providing clients with the best investment opportunities in the market with professional service quality, through a diverse and continuously expanding range of financial products. We aim for SSIAM to be viewed as a reliable destination for investors, both domestic and international, who are considering the Vietnamese market.

If maintaining superior investment performance in the funds and SMAs is a necessary condition for a successful asset management company, expanding our presence with the investing public is an additive condition. Recently, we have been concerned by the many incidences of people being deceived by promises of high returns, transferring money to scammers and not being able to recover it. Meanwhile, official, tightly regulated, and legally protected investment channels like SSIAM's funds are not well-known. Therefore, we have been, are, and will continue to strongly develop our official communication channels, such as our website and Facebook fanpage, to provide accurate information to investors. At the same time, we are enhancing and improving our online trading platforms to make investing easier for everyone.

We are enhancing our efforts to expand our distribution partners and customers both in the domestic market and in key international markets.

Vietnam remains an attractive investment story for both domestic and foreign investors, based on its robust economic development, a population exceeding 100 million people, a young average age with high levels of education, the growing middle class, and the increasing participation of the country in the global supply chain. Therefore, in addition to developing the domestic market, we are actively penetrating several international markets that we assess to have potential for the company.

SSIAM always strives to be among the leaders in Vietnam’s ESG efforts.

As an asset management company with the capacity to invest in and support many local businesses, we are responsible not only for integrating environmental, social, and governance (ESG) factors into managing clients' assets but also for guiding the companies we invest in towards sustainable practices.

Asset managers, with their collective purchasing power, are uniquely positioned to invest in companies that uphold responsible business practices. It’s important to distinguish between ESG integration and impact investing. While impact investing focuses on achieving specific social or environmental outcomes—such as investing in women-led businesses or green technology—SSIAM focuses on ESG integration by incorporating ESG factors into as many of our investment activities as possible.

This ESG approach is especially crucial for our private equity investments in unlisted companies. We choose to invest only in firms that not only demonstrate sustainable value generation and robust business practices but are also willing to adapt to evolving and increasingly stringent ESG criteria.

Thank you to all the investors who have accompanied us over the past 17 years. The trust of investors in SSIAM is always a motivation for us to grow and fulfill our mission of partnering with clients on their journey to prosperity.