Fund Management
Singapore-Based EAM Signs Up Broadridge
The firm, recently established in Singapore, has enlisted the services of the fintech to help with with tasks including its newly-launched ASEAN region VCC fund.
Valverde Investment Partners, a newly-established Singapore-based independent investment management firm, has appointed fintech Broadridge Financial Solutions to enhance its portfolio management, trade order management, and risk analytics processes.
This enhancement will support Valverde’s newest fund launch and strengthen its operational efficiency, risk management, and data insights, Valverde said in a statement yesterday.
The deal comes as Valverde launches an ASEAN region-focused fund, structured as a Variable Capital Company.
“Demand is rising as ASEAN is increasingly recognised as a standalone investment asset class, and having proven operational technology in place is key to our ability to deliver our innovative investment strategies for years to come,” John Foo, founder and chief investment officer of Valverde Investment Partners, said.
“Our approach involves scanning the entire capital structure to identify the most favourable risk/reward trade-offs. Broadridge’s investment management solution provides the operational efficiency, flexibility and scalability we need to deliver bespoke client solutions at the scale the ASEAN market now demands,” Hock Meng Tan, Valverde’s chief operating officer, said.
The firm recently launched its Valverde ASEAN+ Fund. Valverde's founder, John Foo, has launched several hedge funds.