Singapore-based boutique asset management firm

River Valley Asset Management

River Valley Asset Management is a Singapore-based boutique asset management firm. Our team at RVAM strongly believes in being a trusted steward of our clients' wealth across generations.

Each of our fund managers has years of rich portfolio management experience over multiple market cycles at world-class investment houses. We bring our clients the combined strength of our investment team to manage their financial portfolios and to provide bespoke guidance on all aspects of their financial health.

We offer multi-asset class expert investment advice to accredited investors who are family offices, high net worth individuals and institutional investors to preserve and grow our clients' wealth.

The fund management team of the company includes Homiyar Vasania, Anand Ramachandran and Jamshed Desai.

Cromwell EREIT IPO: Third Time Downsized, What's New?

Cromwell EREIT IPO: Downsized to Save the Day but Valuation Remains Unappealing

Cromwell European REIT: Decent Yield, Decent Size - But Where Is the Growth?

Partner, River Valley Asset Management

Partner

Equity Bottom-Up

Cromwell European REIT / Equity Bottom-Up

As we close an eventful 2018, fear and uncertainty seem to rule markets, leaving behind in their wake attractive opportunities for investors to pick and choose. Crystal ball gazers are finding it hard to come up with a cogent narrative for the times ahead as a plethora of unknowns from trade wars to Brexit to slowdown worries present the proverbial Sword of Damocles hanging over many investment decisions. In an environment like this we go back to our core Investment philosophy and look for cashflows that are predictable, with visible cash return to investors and trading at an attractive price. We find many such ideas but some have outlook uncertainty embedded in the price, others have become prisoners of policy uncertainty, but then we found a company that is trading attractively mainly because most investors have not heard of it - <a href="http://www.rivervalleyasset.com/newsletters" target="_blank">River Valley Asset Management's</a> undiscovered Gem of the month. <a href="https://www.smartkarma.com/entities/25889" target="_blank" data-smartkarma-citation="entities:25889:1">Cromwell European Reit (CERT SP)</a> (CERT), listed in Singapore just about a year back, is one such name. The company is an owner of developed market properties across a diversified group of European countries, delivering a stable and growing pool of cashflows most of which flow into the hands of investors, thus providing high visibility to returns. We seem to be in an environment where the market should reward such stability and predictability ,but given that most investors are not aware of its existence, we are getting the stock at a valuation which provides significant downside protection with reasonable likelihood of capital appreciation as market awareness develops. For a company with a market capitalization north of a billion Singapore dollars, with potential for double digit returns, we think this is a stock waiting to be discovered by the yield-chasing Singapore market.

As we close an eventful 2018, fear and uncertainty seem to rule markets, leaving behind in their wake attractive opportunities for investors to pick and choose. Crystal ball gazers are finding it hard to come up with a cogent narrative for the times ahead as a plethora of unknowns from trade wars to Brexit to slowdown worries present the proverbial Sword of Damocles hanging over many investment decisions. In an environment like this we go back to our core Investment philosophy and look for cashflows that are predictable, with visible cash return to investors and trading at an attractive price. We find many such ideas but some have outlook uncertainty embedded in the price, others have become prisoners of policy uncertainty, but then we found a company that is trading attractively mainly because most investors have not heard of it - River Valley Asset Management's undiscovered Gem of the month. Cromwell European Reit (CERT SP) (CERT), listed in Singapore just about a year back, is one such name. The company is an owner of developed market properties across a diversified group of European countries, delivering a stable and growing pool of cashflows most of which flow into the hands of investors, thus providing high visibility to returns. We seem to be in an environment where the market should reward such stability and predictability ,but given that most investors are not aware of its existence, we are getting the stock at a valuation which provides significant downside protection with reasonable likelihood of capital appreciation as market awareness develops. For a company with a market capitalization north of a billion Singapore dollars, with potential for double digit returns, we think this is a stock waiting to be discovered by the yield-chasing Singapore market.

Cromwell European REIT

Undiscovered Juicy Yield Play - CERT