Hong Kong-based asset management firm Value Partners Group (the “Group”) has set up its European headquarters, in Berkeley Street, in London’s West End in late 2016.
Value Partners Group was founded in 1993 and now manages around US$16.4 billion of assets. It has more than 200 employees and has offices in Beijing, Shanghai and Singapore in addition to its Hong Kong headquarters. While the Group is deeply rooted in Greater China, it has been building its presence internationally in recent years with a view to bringing its expertise in China and Asia to the U.K., Europe and elsewhere around the world. Over the past two decades, the Group has established a track record of strong performance in equities, fixed income, multi-assets and quantitative investment solutions while continuously expanding its product suite to deliver innovative new products for its clients.
“As the largest home-grown asset manager in Hong Kong bridging investment needs between China and the rest of the world, Value Partners aims to become an investment solutions provider to Chinese investors, as well as a China and Asia investments expert to investors around the world,” said Dr. AU King Lun, CEO of Value Partners Group.
The London office is being headed by Value Partners’ head of EMEA business development, Hendrik von Ripperda-Cosyn, who joined Value Partners from investment boutique Mestiq Capital. He was previously Head of EMEA Distribution with Mirae Asset Global Investments.
Joining Von Ripperda-Cosyn in the London office is former Metisq Capital senior analyst Martha Reyes. Reyes, who had also worked as a fund manager at F&C Asset Management, heads research for Value Partner’s Global Emerging Market equity strategy ex-Asia stocks.
Von Ripperda-Cosyn is responsible for spear-heading the firm’s direct sales and marketing efforts in the EMEA region and for establishing and managing the London office as the firm’s regional distribution and ex-Asia investment hub. The move into London is a key move by Value Partners Group in its goal of becoming a China and Asia investments expert for investors around the world.
“Establishing an office in London is the first step in the company’s global ambition to move from being the ‘go-to’ player for local investors in mainland China and Hong Kong to being the go-to player for European investors. To do that successfully we will need to broaden our product range, primarily through the UCITS platform and institutional mandates, and then we will look to build out our footprint in Europe,” said Von Ripperda-Cosyn.
In Europe, Value Partners will focus on developing its range of UCITS funds applying some of the company’s existing strategies, and managed by industry veteran, Kenny Tjan, formerly CIO with Metisq Capital and Goldman Sachs Asset Management. Initially these will include its Greater China and Global Emerging Markets strategy as well as those already available through Hong Kong. These local strategies include Global Emerging Market Bond, as well as its long-standing, Morningstar four star-rated Chinese equity strategy which was launched at the company’s inception in 1993.