• IPAAM is a fund management company established under license No. 30 / UBCK-GP issued by the State Securities Commission on March 4, 2008. It has become a wholly owned subsidiary of VNDirect since January 2017.
  • IPAAM has a chartered capital of VND50 billion, performing fund management, portfolio management and investment advisory.
  • IPAAM is managing assets worth over VND 1,500 billion for IPA Group, VNDirect and major partners through diversified forms such as open-ended fund, portfolio management and entrusted accounts.


  • A highly-experienced team in professional investment management: each member of our team has extensive experience in asset management at various domestic and international financial institutions. With a total of more than 80 years of investment management experience, we are confident to bring value to our clients through the services we offer. We consistently develop compliance and internal control system, ensuring transparency and quality in the services we provide to customers.
  • Extensive customer network: inherited the network of more than 74,000 customers of VNDirect, IPAAM has strong relationship with and understanding of the operation of many potential investment companies, which enables us to not only appraise and select investment effectively but also connect potential investment opportunities, strategic partners and investors.
  • Technology advantage: IPAAM and VNDirect have strong technology infrastructure, which support effectively investment analysis, monitoring, managing investment and risk management. We aim for achieving Convenience – Safety – Reliability for our clients.


Become the most trustworthy asset management firm specializing in several key industries


Grow sustainably for the benefits of all clients, owner and employees


Dedicated to providing suitable products, continually striving the best