Argyle Street Management Limited (Hong Kong)


Argyle Street Management Limited is a large advisory firm based in Hong Kong. It manages $1.56 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2011.

Argyle Street Management Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Argyle Street Management Limited: assets under management

The assets under management (AUM) of Argyle Street Management Limited is $1.56 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 94% since the beginning of its operation, and $1.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.56 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $78.02 million each.

Investments

The firm invests in other assets the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 49% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Argyle Street Management Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kin (Nmn) Chan serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Kin (Nmn) Chan is pooled investment vehicles with 18 clients and $1.49 billion of assets under management. Among the 9 most similar advisory firms, Argyle Street Management Limited has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.56 billion for 20 clients. 90% of the firm’s clients are foreign persons or businesses.

Argyle Street Management Limited also advises several private funds. Namely, sixteen hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $10,000,000.

Careers at Argyle Street Management Limited

The company employs 24 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kin (Nmn) Chan has been acting as President since 1 Feb 2002. Angie Yick Yee Li joined the executive team most recently as the Director, Chief Operating Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kin (Nmn) Chan Director 1 Feb 2002 Other 2388356
Kin Chan Director 1 Feb 2002 Other 2388356
Angie Yick Yee Li Director 1 Mar 2003 Other 4134823
Vnee (Nmn) Yeh Director 1 Oct 2003 Other 1310115
Vnee Yeh Director 1 Oct 2003 Other 1310115
Argyle Street Management Holdings Limited Shareholder 1 Mar 2004 75% - 100% foreign entity
Kwok Sing (Nmn) Li Director 1 Oct 2006 Other 5938433
Kwok Sing Li Director 1 Oct 2006 Other 5938433
On Ki Lo Chief financial officer, chief compliance officer 1 May 2008 Other 5938580
On Ki (Nmn) Lo Chief financial officer, chief compliance officer 1 May 2008 Other 5938580
Ivan Eng Joo Goh Vice president, chief compliance officer 1 Mar 2014 Other 6318439
Ivan Eng Joo Goh General counsel, chief compliance officer, co-chief operating officer 1 Apr 2014 Other 6318439
Wai Sum Tsang Executive director, co-chief operating officer 1 Apr 2014 Other 6328624
Angie Yick Yee Li Director, chief operating officer 1 May 2017 Other 4134823
Wai Sum Tsang Executive director, chief financial officer 1 May 2017 Other 6328624
Wei Jian Steven Wong Legal counsel, chief compliance officer 1 May 2017 Other 6802406

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Kin (Nmn) Chan Shareholder 1 Feb 2004 50% - 75% 2388356
Kin Chan Shareholder 1 Feb 2004 25% - 50% 2388356
Vnee (Nmn) Yeh Shareholder 1 Apr 2004 25% - 50% 1310115
Vnee Yeh Shareholder 1 Apr 2004 25% - 50% 1310115

Based in Hong Kong

The principal office where Argyle Street Management Limited performs its advisory services is located at Unit 601 2 St. George's Building, Hong Kong, , which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 852-21060888 or by fax 852-28683082. The normal business hours are 9a.m. - 6p.m. on Monday - Friday. You can find more information about the New York firm at asmhk.com/.