News & Announcements
Press releases, fund updates and firm milestones from Valverde Investment Partners.
Valverde Appoints Man Wing Chung as Portfolio Manager and Director of Hong Kong; Firm to Launch Asia ex-Japan Strategy
Valverde Investment Partners announces the appointment of Man Wing Chung, bringing over 34 years of Asia ex-Japan investment experience, to lead the firm's newly established Hong Kong office and serve as Portfolio Manager for a dedicated Asia ex-Japan equity strategy launching in 2026.
FOR IMMEDIATE RELEASE
HONG KONG / SINGAPORE — 02 September 2026 — Valverde Investment Partners ("Valverde"), the Singapore-headquartered active Asian equity manager, today announced the appointment of Man Wing Chung as Portfolio Manager and Director of the firm's newly established Hong Kong office. The appointment underpins Valverde's planned launch of a dedicated Asia ex-Japan equity strategy later this year, extending the firm's franchise beyond its ASEAN roots into the broader Asia ex-Japan universe.
Mr. Chung brings over 34 years of Asia ex-Japan investment experience, having covered Greater China, Korea, and Taiwan across multiple market cycles from Hong Kong since the early 1990s. He joins Valverde from Axial Partners, where he served as Chief Investment Officer. Earlier in his career, Mr. Chung held roles as Chief Investment Officer at VMS Group; Investment Director at Value Partners; Head of Greater China at JPMorgan Asset Management; and Chief Investment Officer, Far East ex-Japan Equities at HSBC Asset Management — all based in Hong Kong.
In his new role, Mr. Chung will lead Valverde's Hong Kong operations and serve as Portfolio Manager for the firm's Asia ex-Japan strategy — a long-only, high-conviction mandate spanning Mainland China, Hong Kong, Korea, Taiwan, ASEAN, and India. The strategy will be managed with the same disciplined, fundamental investment process that anchors Valverde's existing ASEAN franchise: conviction-driven and non-benchmark constrained, targeting absolute returns through a concentrated portfolio of 30 to 40 stocks. The launch is expected in 2026, subject to regulatory approvals. Mr. Chung will be supported by Michael Lee, Research Analyst, also based in Hong Kong.
— John Foo, Founder and Chief Investment Officer, Valverde Investment Partners
— Man Wing Chung, Portfolio Manager, Asia ex-Japan
The Hong Kong office complements Valverde's Singapore headquarters and the firm's regional research presence in Kuala Lumpur, Bangkok, and Ho Chi Minh City. Valverde is regulated by the Monetary Authority of Singapore as a holder of a Capital Markets Services Licence, holds a Hong Kong Securities and Futures Commission Type 9 Licence, and is a US SEC Exempt Reporting Adviser. The firm currently manages the ASEAN+ Fund (a Singapore Variable Capital Company) and the Hereford Valverde ASEAN Fund, a Luxembourg-domiciled UCITS launched on 30 March 2026.
ASEAN Veteran Brook Tellwright Enhances Valverde Investment Team
Valverde Investment Partners welcomes Brook Tellwright, a distinguished ASEAN veteran with over four decades of experience. Based in Bangkok, Brook will play a pivotal role in advancing Valverde's ASEAN strategy, collaborating closely with the investment team to optimise portfolio returns.
SINGAPORE (01 September 2024) — Valverde Investment Partners is thrilled to announce the addition of Brook Tellwright, a distinguished ASEAN veteran with over four decades of experience, to its investment team. Based in Bangkok, Brook will play a pivotal role in advancing Valverde's ASEAN strategy and objectives, collaborating closely with the investment team to optimise portfolio returns.
Brook comes to Valverde from Waverton Investment Management, where he spearheaded the Southeast Asian Strategy since its inception in 2011. Prior to that, he co-founded 2CG Senhouse in 2010, which was later acquired by Waverton. Before his tenure at Waverton, Brook co-managed the Ton Poh Emerging Thailand Fund at Ton Poh Capital, a venture he co-founded in 2004. Brook brings a wealth of expertise from his extensive tenure at Cazenove & Co (1984–1995) and Cazenove Fund Management (1995–2002), where he held key leadership roles including overseeing the Emerging Markets Desk and the North American Desk.
— John Foo, Founder & CIO, Valverde Investment Partners
Brook's appointment marks an exciting milestone for Valverde as it strengthens its capabilities and reinforces its commitment to excellence in ASEAN investment management.
Valverde Launches ASEAN+ Fund
Valverde Investment Partners announces the launch of the Valverde ASEAN+ Fund, a Singapore-domiciled Variable Capital Company designed to deliver long-term absolute returns by investing in a portfolio of public equities across ASEAN markets.
SINGAPORE (01 August 2024) — Valverde Investment Partners is proud to announce the launch of the Valverde ASEAN+ Fund, designed to capitalise on the burgeoning opportunities within the Southeast Asian region.
The Valverde ASEAN+ Fund is a Singapore-domiciled Variable Capital Company designed to deliver long-term absolute returns by investing in a portfolio primarily consisting of public equities in ASEAN countries, with significant allocations to key growth markets such as Vietnam and Indonesia. The portfolio aims to be index and sector agnostic, focusing on identifying quality companies poised to provide absolute returns over a 3 to 5-year time horizon, while also pinpointing specific catalysts within a 12–24-month timeframe.
Key features:
- ASEAN Expertise: A seasoned investment team with over 100 years of collective experience and deep-rooted expertise in Southeast Asian markets.
- Local Insights: Regional perspective and local expertise providing valuable insights into ASEAN political landscapes, business dynamics, and cultural nuances.
- Active Management: Proactive portfolio management aimed at capitalising on evolving market dynamics and compelling investment opportunities.
— John Foo, CIO, Valverde Investment Partners
Valverde Obtains Singapore Capital Markets Services Licence from MAS
Valverde Investment Partners announces it has obtained the Capital Markets Services Licence from the Monetary Authority of Singapore, allowing the firm to manage private funds and solicit investments from qualified investors, including high-net-worth individuals and institutional clients.
SINGAPORE (13 March 2024) — Valverde Investment Partners, a Singapore-based ASEAN investment manager, is pleased to announce that it has obtained the Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). The licence allows Valverde to manage private funds and solicit investments from qualified investors, including high-net-worth individuals and institutional clients.
— John Foo, Founder & CEO, Valverde Investment Partners
The first product will be a long-only equity fund allocating across investment opportunities in Southeast Asian countries including Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. The fund aims to be index and sector agnostic, identifying quality companies that will provide long-term absolute returns — available as a Singapore-domiciled Variable Capital Company (VCC) to institutional and private qualified investors.