Introduction
In the constantly evolving financial services arena, Value Partners Group represents disciplined investing and innovative, value-based strategies. Founded in the early 1990s, Value Partners Group, a Hong Kong-based asset management company, evolved into one of Asia's largest independent asset management firms, managing billions in assets while remaining firmly dedicated to fundamental research and sustainable investing.
With over 30 years of experience, Value Partners Group has not only influenced the value investing landscape in Asia but has also established a global reach. This article explores the Company's history, flagship products, regulatory requirements, trading conditions, fee schedules, user experience, and current news coverage to provide an insight into what makes Value Partners Group an asset management entity.
Background and History
Value Partners Group was established in February 1993 by Dato' Seri Cheah Cheng Hye and V-Nee Yeh. It started as a small asset manager with around US$5 million in assets under management (AUM). The launch of its flagship Value Partners Classic Fund heralded a path into value investing, which was relatively new to Asia at the time.
Over time, the Company has broadened its investment product offering for its clients. In 2002, it launched the Value Partners High-Dividend Stocks Fund, followed by an alternative investment fund and quantitative investment strategies in 2004. In 2007, Value Partners achieved a substantial milestone by becoming the first value-investing asset management firm to list on the Main Board of the Hong Kong Stock Exchange (Stock Code: 806 HK). As of 2023-2024, the firm manages over US$13 billion in assets and is celebrating 31 years of constant growth and innovation.
Key Features and Products
Core Business and Investment Strategies
Value Partners Group (PP) provides asset management, investment advisory services, and fund management. Its investment strategies encompass a wide range, including equity strategies focused on Asia (including Greater China) and global markets; fixed income; alternatives such as private equity, real estate, and hedge funds; multi-asset solutions; and quantitative investment funds.
The Company's flagship products reflect its commitment to the value-investing philosophy: the Value Partners Classic Fund, the High Dividend Stocks Fund and the Alternative Investment Fund. Notably, Value Partners is also the creator of the first value-based ETF listed in Hong Kong, demonstrating one of many innovative developments in investment solutions.
Client Base and Unique Selling Proposition
PP serves a diverse clientele, including institutional investors, high-net-worth individuals, and retail investors. The unique selling propositions of Value Partners Group include its pioneering status as an innovator in value investing in Asia, its rigour in fundamental research, and its strong adherence to a disciplined investment approach. In addition, PP has an extensive global presence, with offices in Hong Kong, Shanghai, Shenzhen, Singapore, and London, which enables local research expertise and global perspectives.
PP incorporates Environmental, Social and Governance considerations into its investment philosophy, and the firm's ESG solution has won the "ESG Elite Award (Distinction)" in 2022 and 2023, further solidifying its commitment to responsible investing and ESG considerations.
Regulatory Environment and Licensing
As a multi-jurisdictional firm, Value Partners Group operates in full compliance with all relevant regulatory authorities to help ensure transparency and a high level of comfort with respect to its activities. Value Partners Group has active licenses in Hong Kong, China, Singapore, and the United Kingdom, all of which are subject to very stringent regulatory requirements.
Jurisdiction | Regulator | License Type & Number | Status |
|---|
Hong Kong | Securities and Futures Commission (SFC) | Type 9 (Asset Management), CEP000001 | Active |
China | China Securities Regulatory Commission (CSRC) | Fund Management License (Shanghai/Shenzhen) | Active |
Singapore | Monetary Authority of Singapore (MAS) | Capital Markets Services License (CMS100000) | Active |
United Kingdom | Financial Conduct Authority (FCA) | Authorized for Asset Management Activities | Active |
Trading Conditions and Platform Technology
Trading Conditions
As an asset management firm rather than a retail broker, Value Partners does not offer trading in CFDs, forex, or leveraged products to retail clients. Instead, it focuses on fund management with clear minimum investment requirements and transparent fee structures.
Feature | Retail Clients | Institutional Clients |
|---|
Spreads | Not applicable | Not applicable |
Leverage | Not offered | May be applied in some products (not publicly disclosed) |
Minimum Deposit | Typically HK$10,000 (varies by fund) | Customized, starting at US$1 million |
Platform Technology
Value Partners has a well-designed web portal for institutional and high-net-worth clients with portfolio reporting, fund subscriptions, and redemption capabilities. There is currently no mobile app for retail investors. Still, institutional clients will have secure web access to more sophisticated features, such as portfolio analytics, ESG reporting, real-time NAV updates, and support for multiple currencies and share classes.
Value Partners leverages proprietary technology in partnership with trusted third-party custodians, including HSBC and BNP Paribas, to maintain secure, efficient fund management operations.
Value Partners' fee structure is straightforward and outlined in its fund prospectuses and annual reports. Fees vary by client category and ability type and are designed to provide a competitive management cost while alleviating the performance incentive for alternative clients.
Fee Type | Retail Clients | Institutional Clients |
|---|
Deposit Fees | None | None |
Withdrawal Fees | 1%–2% if redeemed within 1 year (varies by fund) | Typically 0.5%–1%, customized |
Management Fees | 1.0%–2.0% per annum | 1.0%–2.0% per annum |
Performance Fees | 10%–20% of outperformance (alternative funds) | 10%–20% of outperformance (alternative funds) |
Subscription Fees | Up to 2% (some retail funds) | Typically none |
Custody Fees | Not applicable | 0.1%–0.3% per annum |
Administrative Fees | Not applicable | 0.1%–0.2% per annum (certain mandates) |
Inactivity Fees | None | None |
User Experience and Market Reputation
Value Partners has established an excellent reputation with institutional clients, who praise it for professionalism, transparency, and consistent long-term performance. Industry acclaim is further illustrated by Value Partners winning awards at the Fund Selector Asia Awards 2023, specifically in the Greater China/China and Mixed Assets categories.
Retail clients see stability in the funds and value the focus on ESG principles. However, some have noted the higher fees and the limited feature set on the retail platform as disadvantages. It should also be noted that Value Partners does not serve as a retail broker and does not engage in trading directly in forex or CFDs, which may limit its appeal to those seeking retail trading services.
• Pros: Long-standing value investing heritage, ESG principles, global coverage, long-term track record.
• Cons: Higher fee structure compared to passive funds, limited features on the retail platform, and no retail trading services.
Recent Developments
Value Partners continued to build on its strengths in 2024 and 2025 by expanding its ESG-focused funds and launching new quantitative investment strategies. The firm also strengthened its physical presence in core financial markets, such as London and Singapore.
In 2025, Value Partners celebrated 31 years of providing its investment products and honoured its Hong Kong-based co-founder, Dato’ Seri Cheah Cheng Hye, for his legacy. The firm established a robust asset growth and leadership position in the industry, while upgrading its technology for digital reporting tools specifically for institutional clients. Sustainability and responsible investing were clearly at the forefront of the agenda in all the strategic priorities.
Conclusion
Value Partners Group is a successful model that combines tradition and innovation in the asset management industry. With a pioneering stable of value investing strategies across Asia, a comprehensive platform of investment products and services, and a steadfast commitment to ESG principles, the firm continues to add value to its deep customer base. With compliance strong, an obvious fee structure, and evolving technology toward digital investment platforms, the firm is progressing toward sustainable growth.
For investors seeking a disciplined, research-driven, long-term performance, value, and responsible investing approach, Value Partners Group is a compelling choice in asset management.
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