Value Partners co-founder Cheah to exit after GF Securities purchase, source says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2024
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Should l Buy ?
Source: Reuters
Leadership Changes at Value Partners: Cheah Cheng Hye, co-founder and co-chief investment officer of Value Partners Group, plans to leave the firm by January 2024, while Louis So, another co-chief investment officer, will depart by the end of this year, following GF Securities becoming the largest shareholder.
Impact of Market Conditions: Value Partners has faced significant challenges, managing $5.4 billion in assets as of June 2023, down from over $18 billion in 2018, leading to a restructuring that included cutting one-third of its staff in mainland China.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
