Valverde Investment Partners – Asian Equity Specialists
Singapore & Hong Kong

Active Asian Equity Management.

Rooted in ASEAN. Extending across Asia ex-Japan.

Partner-led, on-the-ground in Singapore and Hong Kong. Fundamental, high-conviction investing across Asia's most dynamic equity markets — without the generalist compromises of a global emerging markets mandate.

100+
Years combined
Asian equity experience
2
Active strategies across
ASEAN & Asia ex-Japan
2
Investment offices:
Singapore & Hong Kong

Specialists in Asian Equity. Partners in performance.

Valverde is an active Asian equity manager with deep ASEAN roots and dedicated Asia ex-Japan capabilities. On-the-ground in Singapore and Hong Kong, our partner-led teams apply the same rigorous, fundamental investment process across both strategies.

Rooted in ASEAN. Expanding across Asia ex-Japan.

Our track record was built on ASEAN. We now offer access to the broader Asia ex-Japan universe through a dedicated team in Hong Kong, without compromising the depth of our ASEAN expertise.

Partner-led across both strategies.

Every dollar managed at Valverde is overseen by a named investment partner with skin in the game. No product managers. No committee-by-committee processes.

On-the-ground in Singapore and Hong Kong.

Singapore anchors our ASEAN franchise, with research presence in Malaysia, Vietnam, and Thailand. Hong Kong gives our Asia ex-Japan team direct access to Greater China, Korea, and Taiwan.

Governance-first investment philosophy.

ESG analysis is embedded at every stage of the investment process through our proprietary Company Scorecard framework — not as a separate screen, but as core to stock selection.

100+
Years combined
investment experience
John Foo, Chung Man Wing and Brook Tellwright collectively bring over a century of ASEAN and Asia ex-Japan investment experience.
70+
Years dedicated
ASEAN expertise
John Foo and Brook Tellwright have spent their careers investing in Southeast Asia — from frontier Vietnam to core ASEAN markets.
34+
Years dedicated
Asia ex-Japan expertise
Chung Man Wing has covered Greater China, Korea and Taiwan across multiple cycles from Hong Kong since the early 1990s.
SG
+HK
Investment offices
and licences
Singapore CMS licence · Hong Kong SFC Type 9 licence · US SEC Exempt Registered Manager.

Two strategies. One investment philosophy.

Both managed with a disciplined, fundamental process. Both partner-led. Neither benchmarked to global EM.

New — Hong Kong Asia ex-Japan Strategy
Launching 2026

A dedicated Asia ex-Japan long-only equity strategy, managed from our Hong Kong office by one of the region's most experienced Asia ex-Japan investors. The strategy spans Mainland China, Hong Kong, Korea, Taiwan, ASEAN, and India.

Hereford Valverde ASEAN Fund

UCITS · Luxembourg · Active · Live 30 March 2026

The ASEAN strategy in a Luxembourg-domiciled UCITS structure, managed in partnership with Hereford Funds. Launched 30 March 2026. Designed for global institutional investors requiring a regulated, widely distributed vehicle with the same disciplined philosophy and on-the-ground Southeast Asia expertise.

Segregated Mandate Accounts

Bespoke · Institutional · ASEAN or Asia ex-Japan

Fully customised separately managed accounts for institutional investors seeking tailored exposure to ASEAN and/or Asia ex-Japan markets. Strategy design, investment universe, and reporting aligned with client-specific objectives and risk parameters.

Conviction-driven. Active by design.

A
Active
Fundamental stock-picking in dynamic, inefficient Asian markets. Alpha through deep research, not passive index exposure.
C
Concentrated
High-conviction best ideas. Each holding must meaningfully contribute to portfolio returns. No benchmark-padding.
L
Local
On-the-ground presence in Singapore, Hong Kong, Kuala Lumpur, Bangkok, and Ho Chi Minh City. We cover this region as it deserves.
LT
Long Term
Patient capital with low portfolio churn — annual turnover typically below 25%. Compounding returns across full market cycles.
Governance-First | Responsible Investing. Actively investing in responsibly-managed companies makes good business sense. Our proprietary Company Scorecard embeds Governance-First analysis at every stage — not as a filter applied after the fact, but as central to how we assess quality of management, business model durability, and long-term value creation.

The investment process

Asia ex-Japan and ASEAN listed universe

Starting point. Screening against macro and thematic signals.

Investable universe

Liquidity filter removes illiquid and uninvestable names.

Approved watchlist

Quantitative and qualitative deep-dives.

Portfolio — “Best Ideas”

Position sizing: 2%–10% per name. Annual turnover: below 25%.

On-the-ground. Experienced. Dedicated.

Our investment team brings together over 100 years of combined experience across Asia ex-Japan and ASEAN equities — with professionals embedded in every major market we cover.

Asia ex-Japan Strategy Hong Kong
CMW
Chung Man Wing
Partner, Asia ex-Japan
Hong Kong
34+ years Asia ex-Japan
Previously CIO, Axial Partners · CIO, VMS Group · Investment Director, Value Partners · Head of Greater China, JPMorgan AM · CIO Far East ex-Japan Equities, HSBC AM.
MBA, University of Hong Kong · BA Economics, University of Pennsylvania
ASEAN+ Strategy Singapore · Bangkok
JF
John Foo
Founder, CIO & Partner
Singapore
30 years Asia ex-Japan & ASEAN
Founder & CIO, Kingsmead Asset Management · MD & PM, Frontpoint Partners · MD, Indus Capital Advisors · Director & Fund Manager, State Street Global Advisors.
MBA, Wharton · BSEE, University of Pennsylvania
BT
Brook Tellwright
Partner, ASEAN
Bangkok, Thailand
40+ years equity · 29 years ASEAN
PM Southeast Asian Strategy, Waverton · PM, Senhouse Asia · Co-PM, Ton Poh Capital · Fund Management, Cazenove Fund Management.
BSc (Econ), Queen Mary · Masters Asian History, SOAS · Fellow CISI
Research Kuala Lumpur · Ho Chi Minh City
NO
Niklas Olausson
Group Head of Research
Kuala Lumpur, Malaysia
25 years Asian equity research · CFA
Partner/Fund Manager, Navis Capital · Director Equity Research, Deutsche Bank (HK/MY) · Head of Research, CLSA Securities (MY).
MSc Financial & International Economics, Stockholm School of Economics · CFA

On the ground where it matters.

Hong Kong
Investment Management — Asia ex-Japan Strategy
New · 2026
Singapore
Headquarters · ASEAN+ Strategy · Trading · Operations
HQ
Kuala Lumpur
Research — Malaysia and ASEAN ex-Vietnam
Research
Bangkok
Research — Thailand and ASEAN
Research
Ho Chi Minh City
Research — Vietnam equity markets
Research
Valverde Regional Presence Hong Kong ★ Singapore ★ KL Bangkok HCMC Headquarters Investment Office Research / PM

Investment presence spanning ASEAN's frontier and emerging markets to the financial centres of Northeast Asia. Both strategies are structured and licensed to serve institutional investors in Singapore, Hong Kong, and internationally.

For qualified and institutional investors.

Singapore Office (Headquarters)
390 Orchard Road, #14-02
Palais Renaissance
Singapore 238871
Regulatory
Valverde Investment Partners Pte. Ltd. is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services Licence. (Co. Reg. No. 202245381G) · Hong Kong SFC Type 9 Licence · US SEC Exempt Registered Manager.

Request information or schedule a meeting

We welcome enquiries from institutional investors, family offices, and qualified professional investors. Please reach out via email to discuss either the ASEAN+ or Asia ex-Japan strategy — or to explore a segregated mandate.

Email Investor Relations