Asset management firm Value Partners Group is expanding its presence to Southeast Asia.
Asian Investor reported that the Hong Kong-based firm, which is one of Asia’s largest fund management firms, is opening an office in Singapore and has brought on former Credit Suisse employee Chuck Ng Chek Siang to manage the new branch.
The article added that the new office may be used for distribution purposes.
Siang was most recently the head of external asset managers for Asia Pacific at Credit Suisse’s Hong Kong office, where he spent the last nine years.
Launched in 1992, Value Partners manages approximately $9.8 billion in assets as of September.