Warrants will be launched in Vietnamese stock market. Brokers have already issued warrants and individual share warrants will be listed in the near future. The demand of share warrants is especiially high for the companies with full foreign ownership limits because warrants are available for all investors regardless FOL. Launching warrants is a good indication that the modernization of Vietnamese stock market is well on track. However with the current warrant premium levels it still is better to own the shares when having them for long hold. E.g. owning warrants for MWG shares is about 25 % more expensive per annum than owning the actual shares.
Share warrants
Petri Deryng
Portfolio Manager and Board Member, born 1961. Petri is the founder of PYN Fund Management. He has been a portfolio manager for the PYN Elite Fund since its inception in 1999. Petri has been quoted among the most successful portfolio managers in Finland and Europe. By Citywire, Morningstar and Arvopaperi Magazine. He has 30 years of experience in visionary and successful equity investing. Prior to starting as a full-time portfolio manager, Petri worked as an entrepreneur in the media industry in radio and television program productions. Petri is a graduate of economics. Petri has been living in Asia for a long time on the target markets for PYN Elite investments. In addition to investment, important things in his life are family, sea and fishing, as well as skiing, walking and cycling.