Hong Kong-headquartered Value Partners, Japan’s Daiwa Securities Group and Daiwa Asset Management announce partnership to strengthen collaboration.

Value Partners Hong Kong, a subsidiary of Asian asset management company Value Partners Group, along with Japan’s Daiwa Securities Group and Daiwa Asset Management (DAM), has signed a memorandum of understanding to enhance their collaboration in the asset management business.

The partnership builds on a decade of cooperation across various initiatives, including the recent launch of a Japan REIT fund, managed by Value Partners in collaboration with Daiwa Asset Management.

The MOU aims to deepen the collaboration among the three companies, driving future business growth through cross-selling services, joint product development, market insight sharing, and collaborative marketing support, the firm said in a statement. The partnership capitalises on Value Partners’ knowledge of the Asian markets and over 30 years of asset management expertise, alongside Daiwa’s 120+ years of experience in the Japanese market.

“Our longstanding collaboration with Daiwa began when Value Partners’ investment solution was integrated into Daiwa’s wealth management platform. This early partnership laid the foundation for a robust and strategic alliance, highlighting our shared commitment to innovation and excellence in wealth management,” Dato’ Seri Cheah Cheng Hye, co-chairman and co-chief investment officer at Value Partners, said. “The signing of this MOU not only underscores the strength of our longstanding partnership but it also opens up exciting new opportunities and allows Value Partners to further penetrate the distribution network in Japan,” he added. “By leveraging Daiwa’s extensive knowledge and experience in the Japanese market, we are well-positioned to strengthen our capabilities and provide more innovative investment solutions.”

“As one of Japan’s largest financial institutions, Daiwa brings invaluable expertise to our partnership. By sharing local market insights and exchanging industry trends, we are poised to drive significant advancements,” Lin Xianghong, co-chairman at Value Partners, added. â€śTogether, we will develop new products tailored to the needs of investors in both regions. This collaboration not only opens doors to new markets but also elevates our market presence, enabling us to achieve new heights across various aspects of the finance industry.”