Hong Kong’s Value Partners Group Selects Charles River’s Investment Management Solution
February 25, 2015
Melbourne, Australia – Charles River, an enterprise-wide, front and middle office investment management solution provider, today announced that Value Partners Group (“Value Partners”), a Hong Kong-listed asset management company, has selected The Charles River Investment Management Solution (Charles River IMS) for portfolio management, trading, compliance, and performance measurement and attribution. Users will have a single, integrated platform to support investment management activities across the firm’s equities, fixed income, FX, and derivatives operations. Value Partners will also leverage Charles River’s day-to-day application management, compliance rule advisory service, and the broker-neutral Charles River Network for global electronic trading via FIX.
Value Partners will serve as a Charles River development partner, providing valuable feedback on local and regional requirements, such as Domestic Chinese A-shares and related derivatives.
“With Charles River as our technology solution provider, this will enhance our business expansion in the region,” said Jonathan Mo, Chief Operating Officer of Value Partners. “By switching our existing system to Charles River IMS, it is expected to improve productivity for Portfolio Managers and Traders.”
“With 35 clients in Hong Kong and Mainland China, Charles River has a strong reputation for addressing the needs of local asset managers,” said Cameron Field, Managing Director-Asia-Pacific, Charles River. “Our scalable solution, delivered to clients fully-managed, helps firms, like Value Partners, to increase operational efficiencies and reduce risk.”
About Value Partners Group Limited
Value Partners is one of Asia’s largest independent asset management firms with assets under management of US$12.9 billion as of 31 December 2014. Since its establishment in 1993, the firm has been a dedicated value investor with a focus on the Greater China region. In November 2007, Value Partners Group Limited became the only asset management firm listed on the main board of the Hong Kong Stock Exchange (Stock code: 806 HK). In addition to the Hong Kong headquarters, the firm operates in Shanghai, Beijing, Taiwan, Singapore and Chengdu. Value Partners manages absolute return long-biased funds, long-short hedge funds, exchange-traded funds, quantitative funds, as well as fixed income products for institutional and individual clients in Asia Pacific, Europe and the U.S. Recently, Value Partners was named “Asian Fund House of the Year” in AsianInvestor’s Investment Performance Awards 2014. In addition, it was chosen “Management Firm of the Year” in AsiaHedge Awards 2014, as well as “Asset Management Company of the Year (Hong Kong)” in The Asset Triple A Investor and Fund Management Awards 2014.
About Charles River
Charles River provides an end-to-end solution to automate front and middle office investment management functions across asset classes on a single platform. Delivered as a hosted service, the solution offers a simplified operating model that improves investment professional productivity, controls risk and lowers technology costs. Charles River serves more than 350 investment firms in 44 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.