Value Partners (asset management)

Value Partners Group Limited
惠理集團有限公司

Type	Listed company
Industry	Finance
Founded	1993
Founder	Dato' 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' Cheah Cheng-hye Deputy Chairman & Co-CIO: Mr. Louis So Chun-ki CEO: Mr. Timothy Tse Wai-ming
Products	Asset management
AUM	$17.8 billion
Website	Value Partners Group

Value Partners Group Limited (SEHK: 0806) is a Hong Kong-based asset management company. As of 2012, it was the largest hedge fund in Asia.^[1][2]

History

The company was founded in 1993 as a boutique firm by the present Chairman & Co-chief investment officer Dato' 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 and Singapore. It has a global client base and is regarded as one of Asia’s largest asset management firms ^[1] 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.^[3] Value Partners lost 33.8 million yuan from the sale.^[3] Some of its funds performed poorly that year because of the Chinese stock market.^[4]

References

1. Rockel, Nick. "Value Partners still largest Hedge Fund in Asia Desprite Losses". Institutional Investor. Retrieved 18 July 2012.
2. "The 15 Biggest Asian-Based Hedge Funds". Business Insider. Retrieved 2016-01-22.
3. "Citi looking to sell Guangfa bank stake, while Value Partners exits China joint venture". South China Morning Post. Retrieved 2016-01-22.
4. "China's summer of woe slams hedge funds". FinanceAsia. Retrieved 2016-01-22.