VN-Index recovered from mid-June following the signing of a 14-point MoU between the US and Iran, which established a ceasefire framework. However, the Index still ended June -0.2%, with bank stocks leading
I’m writing this investor letter on a small island in the Sipoo archipelago. I can see the little ones of the bird families have hatched and are hopping around in their
Maggie Yi, a member of PYN Elite’s portfolio management team, dropped by the Inderes studio during her visit to Helsinki to talk about the outlook for Vietnam. “I spent a
PYN Elite’s portfolio manager, Petri Deryng, publishes a comprehensive Investor Letter four times a year, reviewing the Vietnamese market and often also global markets.
TOTAL RETURN
cumulatively on PYN Elite since the inception on 1.2.1999 until 29.5.2026. The average annual return is 15.8%.
MILLION EUROS
of assets under management in the PYN Elite Fund as of May 2026. PYN Elite is the largest investment fund registered in Finland, investing in Asian equities.
YEARS
of experience in the Asian stock market, and also the equity fund managed longest by the same portfolio manager in Finland.
EQUITY INVESTMENT
ALLOCATION IN VIETNAM
PYN Elite has been investing in Vietnam since 2013 and today all of our equity investments are in Vietnam, which is among the fastest-growing economies in Asia.