Bmo Global Asset Management (Asia) Limited (Hong Kong)


Bmo Global Asset Management (Asia) Limited is a large advisory firm based in Hong Kong. It manages $688.39 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2014.

Bmo Global Asset Management (Asia) Limited provides portfolio management for investment companies, 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.

Bmo Global Asset Management (Asia) Limited: assets under management

The assets under management (AUM) of Bmo Global Asset Management (Asia) Limited is $688.39 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and $605.96 million of the total AUM is attributable to clients outside of the United States.

The firm manages $688.39 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.95 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bmo Global Asset Management (Asia) 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 Barry Sean Mcinerney serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Barry Sean Mcinerney is pooled investment vehicles with 10 clients and $409.7 million of assets under management. Among the 7 most similar advisory firms, Bmo Global Asset Management (Asia) Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $492.13 million for 11 clients. 93% of the firm’s clients are foreign persons or businesses.

Bmo Global Asset Management (Asia) Limited doesn't advise any private funds.

Careers at Bmo Global Asset Management (Asia) Limited

The company employs 21 people that are either part- or full-time employees. 33 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 12 people 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.

Barry Sean Mcinerney has been acting as President since 1 Apr 2011. Chung Man Wai joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Lgm (Bermuda) Limited Shareholder 1 Dec 1991 75% - 100% foreign entity
Robert John Daniel Lloyd George Investment chairman 1 Dec 1991 Other 4380377
Susanna Shui Shan Ng Director 1 Jul 2007 Other 4401102
Barry Sean Mcinerney Director 1 Apr 2011 Other 4379798
Edgar Normund Legzdins Director 1 Apr 2011 Other 5965022
Albert Chun Ming Yu Director 1 Apr 2011 Other 5965216
Barry Merritt Cooper Director 1 Apr 2011 Other 53458
Scott Joseph Matthews Chief financial officer 1 Apr 2013 Other 5686763
Victor Olubumi Williams Chief compliance officer 1 Oct 2013 Other 5610789
Scott Joseph Matthews Director 1 Oct 2013 Other 5686763
Rajiv Rai Silgardo Director 1 Dec 2013 Other 4369824
Amit Prakash Director 1 Dec 2013 Other 6293292
Drew Newman Chief operating officer 1 Jan 2014 Other 5686765
Anthony Nicholas Cousins Director 1 Jan 2014 Other 4346219
Robert John Daniel Lloyd George Director 1 Jan 2014 Other 4380377
Christopher Edwin Darling Director 1 Apr 2014 Other 6345001
Richard Charles Wilson Director 1 Nov 2014 Other 4338442
Chung Yan Joanna Chan Chief compliance officer 1 Jan 2015 Other 6445619
Ernest Sui Cheung Chiu Chief financial officer 1 Mar 2015 Other 6470732
Stephen Yat Fai Ma Director 1 Aug 2015 Other 6557960
Raveendra Sriskandarajah Director 1 Dec 2015 Other 6607739
Hay Tung Chiu Chief compliance officer 1 Oct 2017 Other 6872255
Chung Man Wai Chief compliance officer 1 Dec 2017 Other 6905147

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Bank Of Montreal Sole shareholder of lgm (bermuda) limited 1 Apr 2011 75% - 100% 13-4941092

Based in Hong Kong

The principal office where Bmo Global Asset Management (Asia) Limited performs its advisory services is located at 3808 One Exchange Square 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 852-37160990 or by fax 852-28453911. 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 lgminvestments.com.