Hong Kong-based asset manager Value Partners has announced a number of recent hires and promotions, which support the company's growth strategy.

Among the firm's recent hires is Conor Yuan, who joined in January as a senior fund manager, responsible for credit and fixed-income investments, the company announced in a statement on Wednesday.

A seasoned investment professional, Yuan has over 15 years of extensive experience in investing and managing credit portfolios and strategies, and was most recently executive director and head of flow credit trading for Asia Pacific at UBS. He was previously at Citi and Nomura.

Institutional Business Strengthened 

The company also appointed Marko Tutavac as a senior director of institutional business and consultant relations. He is responsible for developing the firm’s institutional business, with a focus on asset consultants globally.

Tutavac, who joined Value Partners in February, brings 20 years’ experience across Asia, Europe and the United States at companies like CapConnectAsia, Mirae Asset, Fidelity, Aeon Assets, and Nordea Investment Management. 

Senior Promotions

In May, Value Partners announced two senior promotions: Icy Wong as chief financial officer and chief administrative officer; and Patricia Cheung as chief operating officer.

Wong, who joined the company in 2008, leads the group’s financial and administrative functions and is responsible for the group’s investor relations.

Cheung, with 20 years of experience in the financial sector, joined the company in 2018 and was named co-chief operating officer with Roger Hepper in 2019. She now takes over the role and oversees the group’s business operations.

Growth Strategy 

Value Partners said the moves are part of its plans to transform the group from a homegrown investment boutique to a world-class asset management group, and is focusing on two growth areas: opportunities in Mainland China and expanding our product suite into different asset classes.

Established in 1993, the firm operates in Shanghai, Shenzhen, Kuala Lumpur, Singapore and London, and has assets under management of almost $11.3 billion as of end-April 2020.