SBI Asset Management, a subsidiary of Tokyo's SBI Holdings Inc., has established an investment trust, the SBI India and Vietnam Stock Fund.
The trust was set up through an alliance with SBI Funds Management Pvt. Ltd., which will manage part of the assets. SBI Asset Management will act as the fund manager.
The SBI India and Vietnam Stock Fund will invest primarily in stock issued by publicly owned companies in India and Vietnam. It will be offered primarily by SBI Group members, SBI E-Trade Securities Co. Ltd., and SBI Securities Co. Ltd.
