top of page


Belleview Research

Belleview Research (BVR) is an independent investment research firm specializing in top-down, macro and thematic investment ideas. The BVR business philosophy is that our clients should be constantly stimulated by the "best-in-breed" independent thinking around the world.


BVR employs a "Spotify-of-research" business model — the first of its kind in Asia. We conduct due diligence to identify "who are the best and in what areas” among different independent research firms. We distill different research reports and other great analyses we come across. Then we curate them into succinct and punchy investment ideas in our flagship publication called the Belleview Report.

We have conducted due diligence on about 100 independent investment research firms spreading across the globe and have read libraries of research reports published by these firms. We exercise our critical judgement based on: 1) the quality and originality of the research, 2) the performance of the recommendations and, 3) most importantly, our clients' continuous feedback.


We are a fully independent firm with no other side businesses. We do not run any money management business. We do not sell nor advise on any financial product or transaction.


For details of our services, please visit here.

Key Personnel
Ken Lee
Founder & CEO


Ken Lee has 31 years of experience in investment banking, global markets and investment research.


Prior to BVR, Ken was the Head of Asia for 13D Research (a renowned independent investment research firm), where he founded its Hong Kong Office in 2010 and spearheaded its Asia operations. Ken has built strategic footprint for 13D — in terms of research and business development — with the senior management of sovereign wealth funds, central banks, insurance companies, banks, corporates, family offices and other financial institutions.


Ken is a regular speaker in major forums and conferences. The most recent ones are the Yabuli Chinese Entrepreneurs Forum, the Australian Leadership Retreat organized by the Australian Davos Connection, Beirut Institute Summit, the Australian Investment Conference organized by the Australia CFA Institute, and the Asian Bankers Association (ABA) Conference.


Ken spent 14 years in Goldman Sachs on its sales and trading floor prior to joining 13D. Ken was appointed Managing Director of Goldman Sachs in 2003 and Head of the Corporate Sales Group, where he managed a team of professionals and covered hundreds of institutional clients across the Asia ex-Japan region.


Before joining Goldman Sachs in 1996, Ken started his career in the Fixed Income Division of Sumitomo Bank Capital Markets. He graduated in 1992 from The Chinese University of Hong Kong with a bachelor degree of business administration (concentration in finance).

Alvin Wong


Alvin Wong was the Director of Asia in 13D Research. Alongside with Ken, Alvin was instrumental in setting up 13D’s Hong Kong office in 2010 and expanding its footprint in Asia from both a business development and research perspective.


Prior to joining 13D, Alvin worked as an analyst at the Royal Bank of Scotland, and as an intern at Societe Generale and Bain & Company in Hong Kong.


Alvin graduated with a degree in Quantitative Finance from The Chinese University of Hong Kong in 2010. He is a holder of FRM and CAIA.

Need more details?
bottom of page