Marseille-Provence 2013 a larger, decades-long, multibillion-dollar development effort to revitalize the city. The official designation of European Capital of Culture was created in 1985 with the goal of building ties between citizens of the European Union by celebrating both the diversity of European culture and its common history and values. The event is also considered an opportunity for a city or region raise its international profile and to foster urban renewal through investment in culture and tourism. Thus far, more than 40 cities have received the European Capital of Culture designation. The city of Marseille launched its candidacy to host the European
Asia Frontier Capital Asia Frontier Capital (Vietnam) Limited opened its representative office in Ho Chi Minh City, Vietnam to further boost its research capabilities in the country. On 1 December 2017 Asia Frontier Capital launched the Luxembourg domiciled SICAV "AFC Asia Frontier Fund (LUX)" in order to attract European investors and to comply with European regulations. Asia Frontier Capital Asia Frontier Capital Ltd. is an investment company created by a management buyout of Leopard Capital by the former CFO and COO, Thomas Hugger, at the end of May 2013. Leopard Capital Management Ltd. was subsequently renamed Asia Frontier Capital Limited. The company manages