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Value Partners (asset management)

Topic: Company

 From HandWiki - Reading time: 2 min
Short description: Hong Kong-based asset management company


Value Partners Group Limited
惠理集團有限公司
TypeListed company
SEHK: 806
IndustryFinance
Founded1993; 31 years ago (1993)
FounderDato' Seri Cheah Cheng-hye
Mr. Yeh V-nee
Headquarters
Central
,
Hong Kong (British Hong Kong)
Area served
Worldwide
Key people
Chairman & Co-CIO: Dato' Seri Cheah Cheng-hye
Deputy Chairman & Co-CIO: Mr. Louis So Chun-ki
CEO: Dr. King Lun Au[1]
ProductsAsset management
AUM$7 billion (as of July 31, 2022)[2]
Websitehttps://www.valuepartners-group.com/en/

Value Partners Group Limited (SEHK: Script error: No such module "Leading zeros".&sc_lang=en Script error: No such module "Leading zeros".) is a Hong Kong-based asset management company.

History

The company was founded in 1993 as a boutique firm by the present Chairman & Co-chief investment officer Dato' Seri[3] Cheah Cheng Hye, and businessman Yeh V-nee,[4] a non-official member of the Executive Council of Hong Kong from 2009 to 2012.

Value Partners positions itself as a value investor and adopts value investing strategy for its funds. Headquartered in Hong Kong, Value Partners has offices in Beijing, Shanghai, Shenzhen, Singapore, Kuala Lumpur and London.[5] It has a global client base and is regarded as one of Asia's largest asset management firms[6] by the industry.

Value Partners was listed on the Hong Kong Stock Exchange (Stock code: 806 HK) in November 2007 and it is the first asset management firm listed in Hong Kong.

In 2018, Value Partners was listed among the 200 top-performing public companies on Forbes Asia's "Best Under A Billion list."[7] It dropped off that list in 2019.[7]

Value Partners disposed its 49% equity interests in Goldstate Capital Fund Management Co., Ltd. to a company under Yunnan Jiutian Investment Enterprises Ltd in 2015, for a consideration of RMB45 million.[8]

In 2019, Value Partners launched an investment fund towards China for United Kingdom and European investors after demands for this service had increased.[9] The move comes one year after an assessment by American asset manager Northern Trust, which found that Asian investment funds find it difficult to compete in the European market.[10] According to the study, Value Partners only sourced $211 million, accounting for just 1.3% of its total assets under management.[10]

References

  1. ↑ Management, Created by Javacatz, maintained by Asia Asset. "Value Partners appoints King Lun Au as new CEO - Asia Asset Management - The Journal of Investments & Pensions". http://www.asiaasset.com/news/AU_1212ch_NH_DM.aspx. 
  2. ↑ "VALUE PARTNERS GROUP LIMITED Announcement". https://www.valuepartners-group.com/wp-content/uploads/2020/04/2020041700578.pdf. 
  3. ↑ Management, Created by Javacatz, maintained by Asia Asset. "Cheah Cheng Hye conferred civil honours in Malaysia - Asia Asset Management - The Journal of Investments & Pensions". http://www.asiaasset.com/news/VP_DGPN_SG1608_FS_DM.aspx. 
  4. ↑ "New KL office an emotional homecoming for Value Partners founder". 2018-10-24. http://www.theedgemarkets.com/article/new-kl-office-emotional-homecoming-value-partners-founder. 
  5. ↑ "Value Partners At A Glance | Value Partners" (in en-GB). Value Partners. https://www.valuepartners-group.com/en/about-us/overview/. 
  6. ↑ Rockel, Nick. "Value Partners still largest Hedge Fund in Asia Desprite Losses". Institutional Investor. http://www.institutionalinvestor.com/Article/3062346/ResearchArticle.html. 
  7. ↑ 7.0 7.1 "Value Partners Group on the Forbes Asia's 200 Best Under A Billion List" (in en). https://www.forbes.com/companies/value-partners-group/. 
  8. ↑ "DISCLOSEABLE TRANSACTION DISPOSAL OF 49% EQUITY INTEREST IN GOLDSTATE CAPITAL". http://www.hkexnews.hk/listedco/listconews/SEHK/2015/1022/LTN20151022577.pd. 
  9. ↑ "Value Partners launches all-China fund for UK investors" (in en). 2019-10-03. https://www.investmentweek.co.uk/news/4005567/value-partners-launches-china-fund-uk-investors. 
  10. ↑ 10.0 10.1 Adviser, International (2018-10-17). "Asia-based fund groups struggle in Europe" (in en-GB). https://international-adviser.com/asia-based-fund-groups-struggle-in-europe/. 




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