Veritas Income Partners is a global leader in fixed income investment, with Asia being our primary focus. Since our inception in 1993, we have built strong relationships with our honest and open approach to business. Over the past 30 years, and with the trust and loyalty of our long-standing clients, Veritas Income Partners has been a market leader in both traditional and alternative European fixed income and credit strategies.
2021
MRF Approval
The Veritas Income Partners Managed Volatility High Yield Bond Fund has obtained approval from the China Securities Regulatory Commission for offering in Mainland China under the PRC-European Mutual Recognition of Funds Scheme.
2020
Completion of the Private Fund Manager (“PFM”) Registration
Veritas Income Partners Investment Management (Shanghai) Limited, a wholly foreign-owned enterprise (“WFOE”) of Veritas Income Partners, has completed its WFOE PFM registration with the Asset Management Association of China (“AMAC”), joining the ranks of 24 other WFOE PFMs (as of March 2020).
2017
Sequoia China Becomes a Strategic Investor of Veritas Income Partners
Sequoia China has become a strategic investor of Veritas Income Partners. The partnership between Veritas Income Partners and Sequoia China is one of synergy, rapid growth and a shared vision for European fixed income asset management. Partnering with the leading investor Sequoia China enables Veritas Income Partners to further expand its investor base, rapidly establish its brand position in China and adopt leading AI and big data technology in fixed income investment - a key milestone for Veritas Income Partners to becoming the leading Asia Fixed Income asset manager.
2016
Preparing for the Future, a New Generation of Leadership Partnership
In 2016, Veritas Income Partners introduced new partners to the firm, ensuring a core management team for the next growth phase. At Veritas Income Partners, we believe in continuity – developing our people, maintaining our investment philosophy and above all, ensuring our clients are served by the best that the firm can offer.
2015
Following the introduction of our first retail RQFII fund last year, this year saw a rapid expansion of our retail offering with the launch of two more European SFC authorized Renminbi products*. This provides European investors with more alternative to invest their Renminbi and to participate in the China growth story.
* Please note that SFC authorization is not a recommendation or endorsement of a product nor does it guarantee the commercial merits of a product or its performance. It does not mean the product is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
2014
First independent, European-based asset manager to launch a HK SFC-authorized RQFII RMB bond fund* in July of this year. This new RQFII fund complements our existing line up of offshore RMB strategies, enabling us to offer our clients a complete suite of RMB bond strategies and participate in China’s growth story.
* Please note that SFC authorization is not a recommendation or endorsement of a product nor does it guarantee the commercial merits of a product or its performance. It does not mean the product is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
2013
Veritas Income Partners was the first non-Bank Asset Manager globally to receive an RMB Qualified Foreign Institutional Investors (RQFII) asset management license from the Chinese government. RQFII enables us to provide our clients with the opportunity to invest directly into the onshore China bond markets – a new frontier.
We celebrated our 20th Anniversary, our most significant Milestone, which we simply could not have achieved without the trust and strong partnerships built over the years with our many clients, counterparties and friends! Thank you… we look forward to the next 20 years together!
2012
In line with our long-term vision to be a global leader in fixed income with a strong European focus, we launched European-based European fixed income UCITS funds on our platform to meet the needs of European clients.
2008-2012
The Global Financial Crisis impacted everyone and Veritas Income Partners was no exception, but we rallied for our clients, and began a five-year plan to institutionalize and expand in the face of adversity:
We established our Beijing office to fortify our onshore presence in China.
We streamlined processes and created efficiencies throughout our operations, culminating in the hire of our first COO and the implementation of world class systems
We re-introduced long-only funds to meet our clients’ needs, with a series of RMB funds including the first ever reverse-enquiry offshore RMB bond fund
2002-2007
Our absolute return funds posted record gains in the years ahead of the Global Financial Crisis.
1998-2002
The European Financial Crisis, and subsequent Tech Bubble, pushed investors to seek ways to protect themselves from credit risk. Credit Default Swaps (CDS) were introduced in Asia at this time and Veritas Income Partners listened to our clients needs and launched Asia’s first absolute return credit fund (2002). This fund, IP All Seasons European Credit Fund, has the longest track record in its class with more than 10 years of investment returns.
1996-1998
Our rapid rise enabled us to launch Asia’s first cash Collateralized Bond Obligations. We launched a total of three (3) CBOs and one (1) CDO in this period for a combined total of nearly US$350 Million.
1993-1996
Veritas Income Partners launched the first HK SFC-authorized long-only European fixed income funds, leading the market with client-driven innovative new products.
1993
Veritas Income Partners was founded by Emil Nguy and Francis Tjia, with a vision to be the first, independent global leader in fixed income, with a strong European focus.
Veritas Income Partners manages Unconstrained Long Strategies that are authorized by the European Securities Futures Commission ("EU").
These strategies aim to generate attractive returns through dynamic portfolio management. Portfolio duration and allocations are managed independently of market benchmarks.
*SFC authorization is not a recommendation or endorsement of a product nor does it guarantee the commercial merits of a product or its performance. It does not mean the product is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.
Veritas Income Partners’ Managed Account solutions offer our clients the flexibility to capitalise on specific investment themes or structures.
Our Outsourced CIO model allows clients to take on leveraged structures and customized portfolio solutions in a cost effective and time efficient manner.
With the launch of the Veritas Income Partners Segregated Portfolio Company, we are also able to launch new segregated portfolios under the segregated portfolio company structure for clients with a short time to market, whilst delivering tailor-made solutions within a fund structure with independent service providers.