Value Partners Launches UCITS-compliant Absolute-return Greater China Fund PR Newswire HONG KONG, June 6, 2012 HONG KONG, June 6, 2012 /PRNewswire/ -- Value Partners Group Limited ("Value Partners") announced that it has launched its first self-branded UCITS- compliant fund -- Value Partners Absolute Greater China Classic Fund (the "Fund"). This will be managed by its award-winning investment team based in Hong Kong, headed by co-CIOs Mr. Cheah Cheng-hye and Mr. Louis So, who were named CIO of the Year in Asia in 2011 by Asia Asset Management. The managers employ a flexible, value investing approach and place great emphasis on bottom-up stock-picking relying on extensive on-the-ground research. The Fund aims to achieve long-term capital growth primarily through investment in equity and equity-related securities listed in the Asia Pacific, particularly in the Greater China region. It follows the same investment process of Value Partners' flagship product, Value Partners Classic Fund (Cayman)(1), which has a 19-year track record in delivering a remarkable 20 times return since its launch in 1993. As a result of its outstanding performance, the Value Partners Classic fund was awarded Best Long-Term Performance Fund (10 years) by AsiaHedge Awards 2011(2). Mr. Timothy Tse, Chief Executive Officer of Value Partners said: "Under the current Eurozone debt crisis and slow global growth environment, investors are keen to explore fund products that have an Asian focus and exposure.