The alpha is in
the markets most
investors are missing
Valverde Investment Partners is a partner-owned, independent asset manager specialising in ASEAN equities. With 100+ years of collective investment experience across the region, we deliver active, conviction-led exposure to one of the world's most mispriced and under-owned opportunity sets.
Why ASEAN deserves
a dedicated allocation
ASEAN is not an emerging story — it is an unfolding structural re-rating. A young and growing workforce, expanding middle class, record FDI inflows and deep market inefficiency are creating durable, bottom-up investment opportunity. Yet the region remains structurally under-owned relative to its economic weight — precisely the conditions that active, specialist managers are built to exploit.
Performance you can
interrogate
The Valverde ASEAN+ Fund (VAPF) launched in August 2024. Since inception, the portfolio has delivered strong absolute returns driven by active country allocation and bottom-up stock selection.
| 1 Month | 3 Months | 6 Months | YTD | Since Incep. | |
|---|---|---|---|---|---|
| VAPF Class A (Gross) | 4.3% | 5.3% | 16.4% | 21.8% | 23.1% |
| VAPF Class A (Net) | 4.0% | 4.9% | 15.2% | 20.6% | 21.0% |
| MSCI ASEAN Index | 2.3% | 3.9% | 12.0% | 19.0% | 28.2% |
Fund inception: 01 August 2024. Performance calculated monthly on a market value weighted average basis, net of fees. In USD terms. Past performance is no guarantee of future results. Source: Valverde Investment Partners, MSCI. As of 31 December 2025.
Portfolio construction is active and unconstrained within the ASEAN universe. Allocations reflect conviction, not benchmark weights. Top 10 positions typically represent 50–60% of the portfolio.
Conviction-driven.
Active due diligence at every step.
Our process begins with a universe of ~4,000 ASEAN-listed stocks and ends with a portfolio of 25–35 high-conviction "best ideas." Every step is designed to eliminate noise and concentrate risk-adjusted return potential.
ESG analysis is embedded throughout our investment process with a priority focus on governance. In markets where regulatory enforcement is uneven, governance quality is the primary risk factor — and the primary source of differentiated insight for on-the-ground investors.
On-the-ground, experienced,
dedicated professionals
Our team brings 100+ years of collective ASEAN investment experience — built across market cycles, multiple jurisdictions, and both buy-side and sell-side roles. Every portfolio manager is based in the market they cover.
MBA, Wharton School; BSEE, University of Pennsylvania.
BSc (Econ) Queen Mary College, University of London; Masters in Asian History, SOAS; Fellow, Chartered Institute for Securities & Investments.
M.Sc. Financial and International Economics, Stockholm School of Economics; CFA Charterholder.
Purpose-built vehicles for
targeted ASEAN exposure
Our strategies serve accredited investors seeking differentiated, active access to ASEAN — in the vehicle and jurisdiction that works for them.
Our flagship actively managed equity fund. Unconstrained allocation across the ASEAN universe with frequent overweight to high-growth markets like Vietnam and Indonesia. Investment horizon of 3–5 years; specific catalysts identified within 12–24 months. Concentrated portfolio of 25–35 best ideas.
A UCITS-compliant vehicle developed in partnership with Hereford Funds, managed by Brook Tellwright. Brings Valverde's ASEAN expertise to institutional and international investors who require a regulated UCITS structure for European or global distribution. Same active, research-intensive approach.
Valverde's ASEAN expertise is expanding into the broader Global Emerging Markets universe. Leveraging our multi-city regional platform and deep EM networks, this strategy extends the same fundamental, conviction-led process across a wider investment mandate — with distribution reach into HK and Greater China via our HK entity.
Co. Reg. No. 202245381G
Asset Management
Investment Adviser
aligned with investors
Building a truly regional
investment platform
Valverde is not a Singapore firm with regional "coverage." Our investment people are based where the companies operate — research is formed in the market, not from a distance. We are now extending this model further to capture a broader EM opportunity set.
Each office is a research engine — not a satellite. Our investment professionals are embedded in local corporate networks, speak the languages, and understand the political economy that drives returns in each market.
Ready to explore
the ASEAN opportunity?
Whether you're making a first allocation to ASEAN or building on an existing EM sleeve, our team is ready to share the investment case in detail — including fund documentation, portfolio commentary and performance attribution.
Contact IR Team View StrategiesPalais Renaissance, Singapore 238871
This site is for accredited investors, expert investors and institutional investors as defined under the Securities and Futures Act (Singapore) and applicable jurisdictions. Information is for discussion purposes only and does not constitute a solicitation or offer to buy or sell any securities or investment products. Past performance is not indicative of future results.
For Accredited, Professional and Institutional Investors only. Not for retail distribution. Valverde Investment Partners Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services Licence (Co. Reg. No. 202245381G). Risk Warning: Past performance is no guarantee of future results. The value of investments and any income from them may fall as well as rise.