Singapore's Newest Fund Manager Bets Big on Tech to Capture ASEAN Boom

Monday, 19/08/2024 | 08:31 GMT by Damian Chmiel
  • Valverde Investment Partners selects Broadridge to upgrade its technology infrastructure.
  • It launched a new fund focused on South-East Asia and aims to scale operations.
Broadridge

The newly established Singapore-based investment firm Valverde Investment Partners has selected Broadridge Financial Solutions (NYSE: BR) to enhance its technology infrastructure as it looks to capitalize on growing interest in Southeast Asian markets.

Valverde Taps Broadridge to Boost ASEAN Investment Capabilities

The partnership will upgrade Valverde's portfolio management, trade order management, and risk analytics systems. This comes as the firm launches a new fund and aims to scale its operations amid rising demand for ASEAN-focused investment products.

John Foo, Founder and CIO of Valverde
John Foo, Founder and CIO of Valverde

“ASEAN is increasingly recognized as a standalone investment asset class, and having proven operational technology in place is key to our ability to deliver our innovative investment strategies for years to come,” said John Foo, Founder and CIO of Valverde.

Valverde recently debuted its ASEAN+ Fund, structured as a Singapore Variable Capital Company. The fund aims to generate long-term absolute returns primarily through publicly traded equities in Southeast Asian countries.

“We are pleased to power Valverde’s portfolio/trade order management operations and be part of their innovation and growth story as they provide specialty support for the ASEAN investment market,” said Wout Kalis, Head of APAC Asset Management, Broadridge.

Broadridge's SaaS-based platform offers integrated order, portfolio and risk management capabilities for both public and private markets. The system is designed to handle a wide range of investment types and complexities.

Broadridge’s New Leadership and Partnerships

In a series of strategic moves, Broadridge has recently announced several key appointments and partnerships to strengthen its global operations:

Simon Robertshaw has been named Chief Technology Officer for Trading Solutions, based in London. His role will focus on advancing Broadridge's front-office trading capabilities across various asset classes and jurisdictions.

“I am thrilled to announce that I have joined Broadridge as the new Chief Technology Officer, Trading Solutions at Broadridge,” Robertshaw commented on his new appointment.

David Runacres has been appointed President of Asia-Pacific (APAC) , based in Tokyo. As the new Senior Country Officer for Japan, Runacres will play a crucial role in Broadridge's regional growth strategy.

“I aim to strengthen our market position and deliver unparalleled value to our clients,” commented Runacres. “Together, we will build on Broadridge’s strong foundation in APAC as a trusted tech partner to drive the next phase of success, helping our clients innovate.”

Broadridge has also integrated YourStake's Values Questionnaire into its Wealth Aggregation and Insights platform. This addition enables financial advisors to align client portfolios with personal values, offering data-driven insights tailored to investors' preferences.

Furthermore, the company has incorporated Transaction Network Services (TNS) connectivity into its global Futures and Options (F&O) Software-as-a-Service platform. This integration aims to simplify market data management and reduce operational risk for derivatives market clients.

The newly established Singapore-based investment firm Valverde Investment Partners has selected Broadridge Financial Solutions (NYSE: BR) to enhance its technology infrastructure as it looks to capitalize on growing interest in Southeast Asian markets.

Valverde Taps Broadridge to Boost ASEAN Investment Capabilities

The partnership will upgrade Valverde's portfolio management, trade order management, and risk analytics systems. This comes as the firm launches a new fund and aims to scale its operations amid rising demand for ASEAN-focused investment products.

John Foo, Founder and CIO of Valverde
John Foo, Founder and CIO of Valverde

“ASEAN is increasingly recognized as a standalone investment asset class, and having proven operational technology in place is key to our ability to deliver our innovative investment strategies for years to come,” said John Foo, Founder and CIO of Valverde.

Valverde recently debuted its ASEAN+ Fund, structured as a Singapore Variable Capital Company. The fund aims to generate long-term absolute returns primarily through publicly traded equities in Southeast Asian countries.

“We are pleased to power Valverde’s portfolio/trade order management operations and be part of their innovation and growth story as they provide specialty support for the ASEAN investment market,” said Wout Kalis, Head of APAC Asset Management, Broadridge.

Broadridge's SaaS-based platform offers integrated order, portfolio and risk management capabilities for both public and private markets. The system is designed to handle a wide range of investment types and complexities.

Broadridge’s New Leadership and Partnerships

In a series of strategic moves, Broadridge has recently announced several key appointments and partnerships to strengthen its global operations:

Simon Robertshaw has been named Chief Technology Officer for Trading Solutions, based in London. His role will focus on advancing Broadridge's front-office trading capabilities across various asset classes and jurisdictions.

“I am thrilled to announce that I have joined Broadridge as the new Chief Technology Officer, Trading Solutions at Broadridge,” Robertshaw commented on his new appointment.

David Runacres has been appointed President of Asia-Pacific (APAC) , based in Tokyo. As the new Senior Country Officer for Japan, Runacres will play a crucial role in Broadridge's regional growth strategy.

“I aim to strengthen our market position and deliver unparalleled value to our clients,” commented Runacres. “Together, we will build on Broadridge’s strong foundation in APAC as a trusted tech partner to drive the next phase of success, helping our clients innovate.”

Broadridge has also integrated YourStake's Values Questionnaire into its Wealth Aggregation and Insights platform. This addition enables financial advisors to align client portfolios with personal values, offering data-driven insights tailored to investors' preferences.

Furthermore, the company has incorporated Transaction Network Services (TNS) connectivity into its global Futures and Options (F&O) Software-as-a-Service platform. This integration aims to simplify market data management and reduce operational risk for derivatives market clients.

About the Author: Damian Chmiel
Damian Chmiel
  • 1774 Articles
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About the Author: Damian Chmiel
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
  • 1774 Articles
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