Dai-ichi Life VN gets fund manager license

Takashi Fujii (R), chairman and general director of Dai-ichi Life Vietnam, receives an establishment license for Dai-ichi Life Vietnam Fund Management Company Limited from Vu Bang, chairman of the State Securities Commission - Photo: Courtesy of Dai-ichi Life Vietnam.

HCMC – Dai-ichi Life Vietnam received an establishment license for its fund management company, Dai-ichi Life Vietnam Fund Management Company Limited (DFVN), in Japan on Wednesday.

The license award ceremony took place on the occasion of the Vietnam Ministry of Finance delegation’s official visit to Japan.

Headquartered in HCMC, DFVN will manage investment of pension products, universal products, and unit link products, and seek to maximize profit from the management of securities investment funds, securities investment portfolio and securities investment consultancy.

Koichiro Watanabe, president of Dai-ichi Life Japan, said in a statement released on Thursday that Vietnam is an important market to Dai-ichi Life in Asia. The license marks a milestone and affirms the insurer’s long-term commitment to this country.

Dai-ichi Life Vietnam has provided financial products and services to nearly 950,000 Vietnamese customers through the network of 575 staff and 20,000 financial consultants. Total assets under the company’s management have exceeded VND4 trillion.

By Phuong Thao

HCMC – Dai-ichi Life Vietnam received an establishment license for its fund management company, Dai-ichi Life Vietnam Fund Management Company Limited (DFVN), in Japan on Wednesday.