Lifelong learner
Value partners chairman Cheah Cheng Hye has gone from financial illiteracy to heading one of Asia's largest fund managers.
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Features
Robot at your service: Singapore companies ride global wave to build next-gen robots
Nuclear power debate heats up in South-east Asia
Jurong Island: In search of a new miracle
Stay awhile: How long-stay serviced apartments may change the housing landscape
This was village life in Britain 3,000 years ago
‘The genie’s out of the bottle’: When AI meets politics