Value Partners Group has said that its flagship Value Partners Asian Income fund was approved by the China Securities Regulatory Commission (CSRC) on 27 July 2026 as an eligible northbound fund under the Mainland-Hong Kong Mutual Recognition of Funds (MRF) scheme.
The fund will be distributed to retail investors in Mainland China through Tianhong Asset Management, which will serve as the master agent. This marks the third Value Partners flagship strategy to enter the Mainland market under the MRF scheme, following the Value Partners Classic Fund and Value Partners High-Dividend Stocks Fund.
Through the firm’s partnership with Tianhong Asset Management, these three funds provide Mainland investors with direct access to offshore asset allocation through a regulated cross-border framework.
Launched in November 2017, the fund adopts an actively managed multi-asset strategy, investing across Asian equities and fixed income securities with the aim of generating return and income.
As of 31 July 2026, the fund had assets under management of approximately $1.026bn. Backed by a five-star Morningstar rating (as of 31 July 2026) the fund has generated a cumulative return of 94.4% since its inception (as of 31 July 2026), according to Vaalue Partners.
Vincent Ching, managing director, head of intermediary business and member of leadership committee of Value Partners Group, said, “This latest MRF approval marks another important milestone in our long-term commitment to the Mainland China market and reinforces our strategic focus on expanding cross-border connectivity.”
“Our actively managed Asian Income strategy is well-positioned to capture this growing demand.”
The approval dovetails with recent regulatory initiatives to deepen Mainland-Hong Kong financial integration and cross-border market connectivity.