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PXP Vietnam considering rollover into open ended fund

VNF : PXP Vietnam considering rollover into open ended fund

The Board of PXP Vietnam Fund has announced that it is considering the merits of offering shareholders a rollover into an open ended fund managed by the same team (led by Kevin Snowball – pictured)

The proposals are at an early stage and there is no guarantee that this will come to anything. The Board came up with the idea in response to the fund’s planned open-ending at the AGM in 2015.

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