Value Partners (asset management)
Value Partners Group Limited (SEHK: 806) is a Hong Kong-based asset management company.
Type | Listed company |
---|---|
SEHK: 806 | |
Industry | Finance |
Founded | 1993 |
Founder | Dato' 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] |
Products | Asset management |
AUM | $10.9 billion (as of March 31, 2020)[2] |
Website | https://www.valuepartners-group.com/en/ |
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 British 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
- 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.
- (PDF) https://www.valuepartners-group.com/wp-content/uploads/2020/04/2020041700578.pdf. Missing or empty
|title=
(help) - 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.
- "New KL office an emotional homecoming for Value Partners founder". The Edge Markets. 2018-10-24. Retrieved 2019-12-05.
- "Value Partners At A Glance | Value Partners". Value Partners. Retrieved 2017-03-13.
- Rockel, Nick. "Value Partners still largest Hedge Fund in Asia Desprite Losses". Institutional Investor. Retrieved 18 July 2012.
- "Value Partners Group on the Forbes Asia's 200 Best Under A Billion List". Forbes. Retrieved 2019-12-05.
- "DISCLOSEABLE TRANSACTION DISPOSAL OF 49% EQUITY INTEREST IN GOLDSTATE CAPITAL". HKEX.
- "Value Partners launches all-China fund for UK investors". www.investmentweek.co.uk. 2019-10-03. Retrieved 2019-12-04.
- Adviser, International (2018-10-17). "Asia-based fund groups struggle in Europe". International Adviser. Retrieved 2019-12-04.