Value Partners (asset management)

Value Partners Group Limited
惠理集團有限公司
Listed company
Industry Finance
Founded 1993
Founder Dato' Seri Cheah Cheng-hye
Mr. Yeh V-nee
Headquarters Central, Hong Kong (People's Republic of China)
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]
Products Asset management
AUM $14.0 billion(as at 31 January 2017)[2]
Website https://www.valuepartners-group.com/en/

Value Partners Group Limited (SEHK: 0806) is a Hong Kong-based asset management company. As of 2017, it was one of the largest independent asset management firms in Asia.[3][4][5][6]

History

The company was founded in 1993 as a boutique firm by the present Chairman & Co-chief investment officer Dato' Seri[7]  Cheah Cheng Hye, and businessman Yeh V-nee, 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, Chengdu, Taiwan, Singapore and London[8]. It has a global client base and is regarded as one of Asia’s largest asset management firms [5] 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 2015, the firm sold its 49 percent stake in Golden Capital Fund Management, a joint venture in China.[9] Value Partners lost 33.8 million yuan from the sale.[9] Some of its funds performed poorly that year because of the Chinese stock market.[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". www.asiaasset.com. Retrieved 2017-03-10.
  2. ↑ "HKEX - announcement" (PDF).
  3. ↑ "Value Partners expands beyond Asia to meet demand for global assets". Asian Investor. Retrieved 2017-03-10.
  4. ↑ "Value Partners Group announces 2016 final results" (PDF).
  5. 1 2 Rockel, Nick. "Value Partners still largest Hedge Fund in Asia Desprite Losses". Institutional Investor. Retrieved 18 July 2012.
  6. ↑ "The 15 Biggest Asian-Based Hedge Funds". Business Insider. Retrieved 2016-01-22.
  7. ↑ Management, Created by Javacatz, maintained by Asia Asset. "Cheah Cheng Hye conferred civil honours in Malaysia - Asia Asset Management - The Journal of Investments & Pensions". www.asiaasset.com. Retrieved 2017-03-13.
  8. ↑ "Value Partners At A Glance | Value Partners". Value Partners. Retrieved 2017-03-13.
  9. 1 2 "Citi looking to sell Guangfa bank stake, while Value Partners exits China joint venture". South China Morning Post. Retrieved 2016-01-22.
  10. ↑ "China's summer of woe slams hedge funds". FinanceAsia. Retrieved 2016-01-22.
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