Kenno - A Decade of Active Investing

In October 2024, we are proud to celebrate the 10th anniversary of Kenno. From our roots as a family office in Finland with a vision to capture the growth potential of Southeast Asia, we have evolved into an independent asset manager with an investment fund of USD 84 million today.

kenno_10y_anniversary_october_2024Kenno Head Office in Singapore and Representative Office in Hanoi

Over the past ten years, we have stayed true to our core investment approach: active ownership of responsible portfolio businesses, while generating superior long-term value for our investors. Our current target market, Vietnam's emerging economy, continues to present unique growth opportunities that align perfectly with our vision and ethos.

We'd like to thank all our clients, partners, and team members for being an integral part of this journey. Cheers to the next decade of active and sustainable growth!

On this occasion, we invite you to take a brief look back at the first decade of Kenno.

 

Kenno through the years

In 2014,

Wipunen Varainhallinta, a Finnish, family-owned investment holding company with strong links to KONE & Cargotec, decided to establish an investment management firm in Singapore under the advisory of WIP Asset Management — an outpost that would enable the company to further increase its presence and exposure in the region and take part in Southeast Asia’s booming economic growth.

In 2015,

Wipunen Asia, a family-run investment office, was set up and mandated to develop an investment strategy based on Wipunen Varainhallinta’s philosophy of responsible ownership.

In 2018,

Wipunen Varainhallinta upscaled the business by restructuring Wipunen Asia from a successful family-run investment office to an independent asset management company.

In 2019,

Wipunen Asia completed its registration under the Monetary Authority of Singapore and launched its Asia Top Picks Fund using its newly established Access S.A., SICAV-SIF platform in Luxembourg.

In 2020,

Wipunen Asia established an office in Vietnam to strengthen its presence in the frontier market. The firm also entered into a new chapter, altering its corporate structure by transforming from a wholly owned subsidiary of Wipunen Varainhallinta, to an independent asset manager with significant management ownership.

In 2022,

To celebrate the 3-year milestone of Asia Top Picks Fund, the company was rebranded as Kenno. The new brand reflects the company’s mission to strengthen its values and communicate them to its clients, combining its Finnish heritage with its commitment to responsible investment.

Today,

Kenno continues as an independent, regulated asset manager dedicated to its investment philosophy of active ownership. With the heritage and pedigree of a successful family business and the strength of a diversified, long-term capital base, Kenno is well-positioned to create value for its clients and society at large.

 

Connect with Kenno!

If you’re interested in exploring growth opportunities in Vietnam, we invite you to get in touch with us at IR@kennogroup.com. Additionally, feel free to subscribe to our monthly newsletter for timely, factual, and actionable updates on Vietnam's market landscape.

Disclaimer:

This document is prepared by Kenno Asset Management Pte. Ltd. ("Kenno"), the investment advisor for the Asia Top Picks Fund which is open only to professional investors. This marketing communication does not constitute investment advice. Please refer to Kenno’s official fund documents before making any final investment decision.

The information provided in this document is accurate as of the time of writing. Kenno does not guarantee the ongoing accuracy or completeness of this information and is not responsible for updates or changes after publication.



Published 10/2024


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