Press release

Asian Equity Boutique Stonehorn Global Partners appoints Westhall Partners to expand its presence in North America

Stonehorn Global Partners Ltd (“Stonehorn”) has partnered with Asian fund distribution specialists Westhall Partners LLP (“Westhall”) through its registered introducer broker Cresta Westhall LLP to promote the Stonehorn Asia Equity Fund in North America.

Stonehorn sees North America as a market with an enormous number of sophisticated investors with a large pool of capital, who appreciates an on the ground investing approach and its ability to be sceptical, by diligently challenging companies and upholding investment integrity.

Stonehorn Asia Equity Fund

Stonehorn was founded around three years ago by former members of the Macquarie Asian Equities team who previously worked together for over a decade, managing over USD 4 billion.

Stonehorn’s ‘looking at the whites of the eyes of management’ investment approach was developed in the West and came to Asia over 13 years ago. Stonehorn believes in an unconstrained high-conviction, benchmark agnostic approach that delivers alpha in a volatile and often viewed as uncertain regulatory region.

Since inception, the Stonehorn Asia Equity Fund (“Fund”) has returned 41.3% net of fees to 30 September 2021, beating the MSCI Asia ex-Japan benchmark by an impressive 8.7%.*

The Fund is an actively managed, high-conviction Asia ex-Japan long only equities portfolio that is conscious of ESG factors. The concentrated, capacity constrained, strategy of the fund is based on holding an average of 30 positions while being unconstrained in terms of sector, country, and market cap.

Stonehorn’s approach has a value investing foundation, applied to regions with a bias towards so-called new economy sectors that are servicing a rapidly expanding middle class with growing disposable incomes.

Sam LeCornu, CEO of Stonehorn, commented: “We are excited to be working with Westhall as our distribution partner in North America. Westhall’s deep knowledge and understanding of the Asian fund markets, and track record over the years in working with boutique Asian managers like ourselves is reassuring, as we enter a large competitive market such as North America”.

The appointment of Westhall will help North American professional investors gain a deeper knowledge from the on-the-ground in Asia perspective, and Westhall’s expertise in the Asian Markets will be valuable as they look to connect professional investors who are looking at increasing their allocation to a value manager like Stonehorn.

Maria Llanes, Partner & Head of Investor Relations at Stonehorn, commented “Westhall is well established and has an excellent reputation to contribute to the growth of our firm by entering the North America market. Westhall’s team shares our passion and commitment to serve sophisticated investors with the right values and the highest quality standards. We are looking forward to a very successful partnership.”

Robbie Hume, Managing Partner of Westhall commented: “Stonehorn’s three co-founders have built an institutional structure in which they can focus on their passion of researching and investing in Asian businesses. We trust, respect and like the team and are grateful to be entrusted with introducing Stonehorn to North American institutions, both of whom share similar long-term approaches to investing and relationships.”

About Stonehorn Global Partners Limited

Stonehorn Global Partners Limited is an Asian boutique asset management firm based in Hong Kong. The firm is majority owned by its staff who believe that alignment of interest with clients is what builds sustainable partnerships. Stonehorn Global Partners’ founding members have partnered in Asia for over 14 years and have a proven track record in investing in Asian equities.

Stonehorn Global Partners Limited is registered and regulated by the Securities and Futures Commission in Hong Kong.

For more information, please visit or email

About Westhall Partners LLP

Westhall’s fund business was established in 2004 and focuses on researching and introducing Asian fund managers to institutional investors. The partners previously conducted the same business for CLSA (the Asian based broker). Westhall has been fortunate to work with a variety of Asia’s best alpha generating owner-operated managers.

Westhall’s introduction services to US investors is conducted through its FINRA registered Broker Dealer, Cresta Westhall LLP.

Westhall Partners LLP is authorised and regulated by the Financial Conduct Authority (FRN 467283).

Cresta Westhall LLP is a licensed US broker dealer, registered with the Securities and Exchange Commission (SEC) and a member of FINRA and SIPC (CRD No. 164986).

For more information, please visit or email


*Past performance is not an indication of future performance. Investments involves risk to capital.

Important Information
None of the material in this press release is to be construed as a solicitation, recommendation or offer to buy or sell any security, financial product, or instrument.