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Lifelong learner

Value partners chairman Cheah Cheng Hye has gone from financial illiteracy to heading one of Asia's largest fund managers.

    Published Fri, Jun 2, 2017 · 09:50 PM

    WHEN he first arrived in Hong Kong on a cargo ship in 1974, he did not even know how to open a bank account. Then, Cheah Cheng Hye was a 20-year-old journalist who had only secondary school education.

    But what he lacked in financial knowledge, he more than made up for in his desire to learn and a determination that would take him out of poverty in his hometown of Penang, Malaysia, and into the throes of success he enjoys today in Hong Kong.

    Now chairman and co-chief investment officer of one of Asia's largest independent asset managers by market capitalisation - Value Partners also had about US$15 billion in assets under management at the end of April - Mr Cheah says it is not ambition that drives him, but the thrill of being able to pick up something new every day.

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