Value Partners (asset management)

Value Partners Group Limited is a Hong Kong-based asset management company.

Value Partners Group Limited
惠理集團有限公司
Company typePublic
SEHK806
IndustryInvestment management
Founded1993; 31 years ago (1993)
FoundersCheah Cheng Hye
V-Nee Yeh
Headquarters
Hong Kong
Area served
Worldwide
Key people
Cheah Cheng Hye (Chairman)
June Wong (CEO)
AUM$5.9 billion (as of March 31, 2023)
Websitevaluepartners-group.com

History

The company was founded in 1993 as a boutique firm by the present Chairman & Co-chief investment officer Dato' Seri[1] Cheah Cheng Hye, and businessman Yeh V-nee,[2] 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.[3] It has a global client base and is regarded as one of Asia's largest asset management firms[4] 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."[5] It dropped off that list in 2019.[5]

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.[6]

In 2019, Value Partners launched an investment fund towards China for British and European investors after demands for this service had increased.[7] 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.[8] According to the study, Value Partners only sourced $211 million, accounting for just 1.3% of its total assets under management.[8]

In June 2023, GF Securities announced it would acquire a 20.2% stake in Value Partners.[9]

References