The latest moves and appointments in the Asia-Pacific wealth management industry.

Value Partners
Value Partners Group, an Asian asset manager, has appointed Otto Choi as senior director of its institutional business.

Starting this week, Choi will be responsible for developing Value Partners’ institutional business in North Asia. At the same time, he will collaborate with the group’s overseas offices on global institutional business and consultants' relations coverage.  

Based in its Hong Kong office, Choi will report to the group’s president June Wong, the firm said in a statement.

Choi, who has extensive experience in the asset management industry, was most recently head of China institutional business at Allianz Global Investors. He joined AGI in 2011 and has spent more than 10 years with the company. During his time at AGI, he served in senior positions in the company’s Hong Kong and China institutional business divisions. He joined the company after graduating from Hong Kong university.

Welcoming Choi to the Hong Kong-based firm, Wong said that he brings solid experience in developing business in the institutional clients' segment, serving the interests of their clients and consultants in the North Asia region.

Established in 1993, Value Partners, a large Asian independent asset manager listed on the Hong Kong Stock Exchange since 2007, offers investment services and products. It also operates in Shanghai, Shenzhen, Kuala Lumpur, Singapore and London, with a representative office in Beijing. It’s strategies cover equities, fixed income, multi-asset, alternatives, real estate and quantitative investment solutions for institutional and individual clients in the Asia-Pacific region, Europe and the United States, with assets under management of around $8.3 billion as at the end of March 2022, the firm said.

Silverhorn 
Silverhorn, the investment firm, has appointed an experienced industry figure Bert Kwan (pictured) as its new private equity head, based in its Hong Kong headquarters.

Prior to joining Silverhorn, Kwan led more than $3.5 billion of transactions in Asia and led entry into new Asian private equity markets for several organisations, Silverhorn said in a statement. 

Kwan has sat on over a dozen public and private company boards and led deals in Southeast Asia and China, including early-stage investments in Momo (2015) and Tiki (2018), both of which are now among Vietnam’s largest and most valuable tech-enabled franchises. Previously, Kwan was a managing director at Northstar Group, the head of Southeast Asia for Standard Chartered Private Equity, and a principal at Lehman Brothers Private Equity Asia. He is a graduate of Yale Law School and Princeton University.

Founded in 2010, Silverhorn is an owner-operated investment firm overseeing $1.85 billion of assets under management. It has a team of more than 50 people across Hong Kong, Singapore, India, and Switzerland. It is licensed and regulated by the Securities and Futures Commission in Hong Kong and by the Monetary Authority of Singapore.