Goldman Sachs Asset Management (Hong Kong) Limited (Central, Hong Kong)

Name: Goldman Sachs Asset Management (Hong Kong) Limited
Address: 68 Th Floor, Cheung Kong Center, Central, Hong Kong
Telephone: 00852 2978 1000

Goldman Sachs Asset Management (Hong Kong) Limited is an adviser based in Central, Hong Kong. It manages $15.07 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2017.

Goldman Sachs Asset Management (Hong Kong) Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Goldman Sachs Asset Management (Hong Kong) Limited: assets under management

The assets under management (AUM) of Goldman Sachs Asset Management (Hong Kong) Limited is $15.07 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and $15.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $15.07 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $538.11 million each.

Investments

The firm invests in exchange traded securities the most. They account for 10% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 3% of the firm’s portfolio. Investments in sovereign bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Goldman Sachs Asset Management (Hong Kong) 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 Hung Ke Nmn Lee serves?

The firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, and sovereign wealth funds and foreign official institutions. The largest group of clients of Hung Ke Nmn Lee is insurance companies with 1 clients and $12.51 billion of assets under management. Among the 10 most similar advisory firms, Goldman Sachs Asset Management (Hong Kong) Limited has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $15.07 billion for 6 clients. 100% of the firm’s clients are foreign persons or businesses.

Goldman Sachs Asset Management (Hong Kong) Limited doesn't advise any private funds.

Careers at Goldman Sachs Asset Management (Hong Kong) Limited

The company employs 49 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

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

Hung Ke Nmn Lee has been acting as President since 1 Oct 2015. Yat Pun Tse joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Goldman Sachs Asset Management International Holdings L.L.C.	Shareholder	1 Apr 2015	75% - 100%	46-4077740
Tuan Lam	Director	1 Apr 2015	Other	6846778
Hung Ke Nmn Lee	Director	1 Oct 2015	Other	6839718
Hung Ke Lee	Director	1 Oct 2015	Other	6839718
John Patrick Killian	Director	1 Nov 2015	Other	6850563
Judith Leah Shandling	Chief compliance officer - us matters	1 Oct 2016	Other	5775386
Yat Pun Tse	Director	1 Nov 2017	Other	6925832

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Goldman Sachs Asset Management	Member	1 Feb 2016	75% - 100%	107738
Gsam Holdings Llc	Member	1 Feb 2016	25% - 50%	13-4019460
The Goldman Sachs Group Inc.	Member	1 Feb 2016	75% - 100%	13-4019460

Based in Central, Hong Kong

The principal office where Goldman Sachs Asset Management (Hong Kong) Limited performs its advisory services is located at 68 Th Floor, Cheung Kong Center, Central, 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 00852 2978 1000 or by fax 00852 2978 0396. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at gsam.com/liquiditysolutions and its LinkedIn profile.