CVA
CVA is a company.
Financial History
Leadership Team
Key people at CVA.
CVA is a company.
Key people at CVA.
CVA Funds (Core Values Alpha) is a 100% American-owned asset management firm specializing in China-focused ETFs and growth-oriented equities, blending deep research with American values for responsible investing.[3][4] It targets high-growth companies in China, emphasizing revenue and earnings expansion faster than the broader economy, while serving investors seeking capital appreciation amid emerging market opportunities.[3][4] The firm operates with a team of 15 investment professionals based in Mainland China, managing strategies like non-diversified funds exposed to Chinese economic and political dynamics.[3]
Distinct from other entities sharing the "CVA" name—such as CVA Investment Management (a 2014 Illinois hedge fund manager)[1], CVA Family Office (a boutique wealth manager for high-net-worth entrepreneurs)[2], Corporate Valuation Advisors (a 1988 valuation and tax advisory firm)[5], and Corporate Value Associates (a strategy consulting boutique)[6]—CVA Funds stands out in the ETF space with its America-first lens on Greater China equities.[3][4]
CVA Funds emerged as Core Values Alpha, a brand under MSA Power Funds LLC, affiliated with MSA Capital, a globally recognized fund manager.[4] MSA Capital, co-founded by Ben Harburg—a former US State Department and Defense official with experience at Motorola China and Boston Consulting Group—has earned accolades like "Firm of the Year, China" by Private Equity International in 2021 and spots on Forbes China Venture Capital 100.[3][4] Tim Chen, another key Portfolio Manager, holds a B.S. in Commerce from the University of Virginia and partners at MSA, focusing on early-stage investments across global markets.[3][4]
The firm's roots tie to MSA's evolution in Greater China, North America, and emerging markets, launching CVA to address US investor access to Chinese growth amid regulatory scrutiny, with professionals stationed in Mainland China for on-the-ground insights.[3][4]
CVA Funds rides the US-China economic decoupling trend, enabling American investors to tap China's tech and growth sectors—despite PCAOB audit gaps and state oversight—through ETFs that filter for "responsible growth."[3][4] Timing aligns with post-2020 market shifts, where China's dominance in EVs, AI, and consumer tech demands localized expertise amid geopolitical tensions.[3][4] Favorable forces include China's emerging market volatility offering outsized returns for growth plays, while CVA influences the ecosystem by bridging US capital to Chinese innovators via MSA's venture heritage, fostering cross-border tech flows.[3][4]
CVA Funds is positioned to expand as China's tech rebound accelerates, with portfolio managers like Harburg and Chen leveraging MSA's network for alpha in AI, renewables, and consumer growth amid policy easing.[3][4] Trends like US ETF demand for vetted emerging markets and improved PCAOB access could boost AUM, though non-diversification and political risks persist.[3][4] Its influence may evolve toward hybrid US-China tech funds, solidifying as a conduit for American values in global equities—echoing its mission to deliver responsible growth in a divided world.[3][4]
Key people at CVA.