Value Partners obtains onshore advisory qualification
Value Partners Group has announced that its wholly-owned subsidiary, Value Partners Investment Management (Shanghai) has obtained an Investment Advisory Qualification from the Asset Management Association of China (“AMAC”).
The qualification enables Value Partners Shanghai to provide investment advisory services on private asset management products to eligible third-party institutions in mainland China.
Yu Xiaobo, Investment Director and Head of China Business, Value Partners, said “We are delighted to have secured the qualification on onshore investment advisory service from the AMAC, which recognizes Value Partners’ value investing philosophy and professional investment capability. The additional qualification also opens a channel where we can deepen our relationship and collaboration with qualified mainland institutions. With this qualification, we will extend our co-operation with institutions like securities and futures firms, banks, insurers, trusts and wealth management companies, to offer investment advisory services on their issued private fund products.”
Value Partners has a solid track record of 27 years in investing in the Greater China equities market and is actively involved in the mainland’s capital market development, according to a press release by the firm.
It has accumulated 20 years of investment experience in China and has established a local team with international expertise in investment management, client service, compliance and operation. The Group adopts active management and value investing, and has a mature operation and risk management infrastructure. Since 2017, Value Partners Shanghai has commenced its private fund business in the mainland, offering its own products and services for the onshore investors.
“Value Partners Shanghai has now launched a total of eight private investment securities funds under our own brand in the domestic Chinese market, since we hold the private fund management (“PFM”) license in 2017. We were among the first foreign asset managers to tap into China’s onshore market, having established our Shanghai office in 2009. We have an established customer base and reputation, with a business that already has a proven track record. The newly-granted qualification will add to the Group’s determined development in mainland China. We remain committed to the China market,” continued Yu.
The latest investment advisory qualification is one of the key milestones for Value Partners Shanghai. The continuous and accelerated opening up of China’s financial market represents tremendous opportunity for the Group’s onshore business. Value Partners remains active in building up collaborations with different types of clients and is dedicated to provide professional and world-class services for onshore investors.