An interesting trend in Hong Kong manager Value Partners’ (OTCPK:VPGLF) earnings report is that China is increasingly the focal point. This shouldn’t be a surprise; the firm has been making a variety of moves into the market for years. To me, this represents a strong opportunity for Value Partners’ investors, including minority shareholder Affiliated Managers Group (AMG), something I wrote about in a report earlier this month.
China’s burgeoning hedge fund industry
The most obvious way the firm is entering the market is through the hedge fund industry. As discussed