(Bloomberg) -- Petri Deryng arrived in Thailand from his native Finland in 1998, less than a year after a 45 percent plunge in the Thai baht triggered a regional financial crisis and the worst recession in 30 years. He started buying stocks.
He set up PYN Fund Management Ltd. with about 200,000 euros ($272,000) in capital and focused on companies with relatively low share prices or relatively high dividends. Last year his Elite Fund returned 21 percent, compared with a 0.3 percent decline for the benchmark SET Index.
Read more at Bloomberg Exclusive News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment