Value Partners (asset management)

Value Partners Group Limited (SEHK: 806) is a Hong Kong-based asset management company.

Value Partners Group Limited
惠理集團有限公司
Listed company
Traded asSEHK: 806
IndustryFinance
Founded1993 (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$10.9 billion (as of March 31, 2020)[2]
Websitehttps://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]

gollark: The "self-referential aptitude test".
gollark: I recently found this weird thing: http://faculty.uml.edu/jpropp/srat.html
gollark: Also, do you need reaction mass for... whatever? Is this thing running in atmospheres?
gollark: I read your ping, I just don't know the answer.
gollark: To just blind them, you probably only need laser pointer level power, which hopefully means no setting tables on fire.

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. (PDF) https://www.valuepartners-group.com/wp-content/uploads/2020/04/2020041700578.pdf. Missing or empty |title= (help)
  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". www.asiaasset.com. Retrieved 2017-03-13.
  4. "New KL office an emotional homecoming for Value Partners founder". The Edge Markets. 2018-10-24. Retrieved 2019-12-05.
  5. "Value Partners At A Glance | Value Partners". Value Partners. Retrieved 2017-03-13.
  6. Rockel, Nick. "Value Partners still largest Hedge Fund in Asia Desprite Losses". Institutional Investor. Retrieved 18 July 2012.
  7. "Value Partners Group on the Forbes Asia's 200 Best Under A Billion List". Forbes. Retrieved 2019-12-05.
  8. "DISCLOSEABLE TRANSACTION DISPOSAL OF 49% EQUITY INTEREST IN GOLDSTATE CAPITAL". HKEX.
  9. "Value Partners launches all-China fund for UK investors". www.investmentweek.co.uk. 2019-10-03. Retrieved 2019-12-04.
  10. Adviser, International (2018-10-17). "Asia-based fund groups struggle in Europe". International Adviser. Retrieved 2019-12-04.
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