Hedge Funds

Value Partners reaps rewards of a carefully cultivated discipline

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What began for its founders as a ‘hobby shop’ turned into a $7.8 billion fund management firm, and exactly where Value Partners is today is thanks to a solid bottom-up stock-picking philosophy

 
 Louis So
When Cheah Cheng Hye and V-Nee Yeh co-founded Value Partners in 1993 with assets under management of less than $5 million and one portfolio, the Value Partners ‘A’ Fund, they never imagined that their ‘temple of value investing’ would grow to become a $7.8 billion-strong fund management company with a stable of nine funds and a 28-strong investment team and more than 100 staff.

“In the beginning, both V-Nee and I looked upon the business as a kind of ‘hobby shop’ for us to indulge our passion for value investing,” recalls Cheah.

“There