Mirae Asset Global Investments (Hong Kong) Limited is a large advisory firm based in Hong Kong. It manages $4.77 billion of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2010.
Mirae Asset Global Investments (Hong Kong) Limited provides portfolio management for investment companies, portfolio management for businesses and institutional clients, and portfolio management for investment trusts, mutual funds & etf, non-discretionary advisory service. It prepares financial plans for more than 50 clients. On top of advisory services, the firm also engages as fund distribution business.
The assets under management (AUM) of Mirae Asset Global Investments (Hong Kong) Limited is $4.77 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and $4.51 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mirae Asset Global Investments (Hong Kong) Limited for their services and products based on a percentage of assets under management and fixed 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.
The firm provides services to pooled investment vehicles and business development companies. The largest group of clients of Byung Ha Kim is pooled investment vehicles with 71 clients and $4.59 billion of assets under management. Among the 10 most similar advisory firms, Mirae Asset Global Investments (Hong Kong) Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.77 billion for 72 clients. 98% of the firm’s clients are foreign persons or businesses.
Mirae Asset Global Investments (Hong Kong) Limited doesn't advise any private funds.
The company employs 60 people that are either part- or full-time employees. 35 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 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.
Byung Ha Kim has been acting as President since 1 Oct 2005. Srinivasa Rao Kapala joined the executive team most recently as the Director.
The principal office where Mirae Asset Global Investments (Hong Kong) Limited performs its advisory services is located at Level 15, Three Pacific Place,1 Queen's Road East, Hong Kong, , which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 852-2295-1500 or by fax (852) 2258 7097. The normal business hours are 08:30 am - 05:30 pm on Monday - Friday. You can find more information about the New York firm at investments.miraeasset.com.hk.