Value Partners, a Hong Kong-based fund management firm, has expanded its presence into Singapore with the opening of new branch in Lion City for distribution, according to AsianInvestor.

As part of the move, the company has appointed Chek Siang Ng to manage its first Southeast Asian office.

Most recently, Ng joined Value Partners after spending nine years at Credit Suisse in Hong Kong. He served as head of external asset managers for Asia Pacific at the Swiss bank, servicing family offices and ultra-high-net-worth clients.

Additionally, Value Partners also aims to strengthen its coverage of the family office (FO) segment. The firm intends to expand its marketing to this client segment and thereby expand its presence to South Asia.

Founded in 1993, Value Partners manages US$9.2 billion in assets with a focus on Greater China. Its spectrum of products includes absolute return long-biased funds, long/short hedge funds, exchange-traded funds, quantitative funds, and fixed income and credit funds.