Blackrock Asset Management North Asia Limited (Hong Kong)

Name: Blackrock Asset Management North Asia Limited
Address: 16/F Champion Tower, Hong Kong
Telephone: 852 3903 2800

Blackrock Asset Management North Asia Limited is a large advisory firm based in Hong Kong. It manages $48.35 billion of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Blackrock Asset Management North 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.

Blackrock Asset Management North Asia Limited: assets under management

The assets under management (AUM) of Blackrock Asset Management North Asia Limited is $48.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 403% since the beginning of its operation, and $47.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $48.35 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $257.18 million each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Blackrock Asset Management North Asia Limited for their services and products based on a percentage of assets under management. 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 Michael Timothy Marquardt serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Michael Timothy Marquardt is pooled investment vehicles with 31 clients and $27.92 billion of assets under management. Among the 11 most similar advisory firms, Blackrock Asset Management North Asia Limited has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $47.52 billion for 77 clients. 94% of the firm’s clients are foreign persons or businesses.

Blackrock Asset Management North Asia Limited also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons ranges from $1 to $6,340,000.

Careers at Blackrock Asset Management North Asia Limited

The company employs 404 people that are either part- or full-time employees. 23 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.

Michael Timothy Marquardt has been acting as President since 1 Dec 2009. Geraldine Joyce Buckingham joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nicholas Michael Whateley Good	Director	1 Feb 2008	Other	5228118
Michael Timothy Marquardt	Director	1 Dec 2009	Other	4360796
Graham Douglas Turl	Chief legal officer	1 Dec 2009	Other	6083966
Blackrock Hk Holdco Limited	Sole shareholder	1 Dec 2009	75% - 100%	foreign
Peter W Swarbeck	Director	1 Dec 2009	Other	6083974
Mark Seumas Mccombe	Chief executive officer	1 Feb 2012	Other	5306840
Juanita Li Yuen Ting	Chief compliance officer	1 Jul 2012	Other	6095583
Eric Chin Hung Lee	Chief financial officer	1 Jul 2012	Other	6087465
Shirley Jane Leung	Director	1 Sep 2012	Other	2639896
Marc Bovell Paul Desmidt	Director	1 Oct 2012	Other	6134109
Alastair James Henry Peters	Chief financial officer	1 Jul 2013	Other	6226012
Graham Douglas Turl	Director	1 Jan 2014	Other	6083966
Costa Tzatzakis	Chief compliance officer	1 Mar 2014	Other	6316394
Costa Nmn Tzatzakis	Chief compliance officer	1 Mar 2014	Other	6316394
Ryan David Stork	Chief executive officer	1 Jul 2014	Other	4759833
Susan Wai Lan Chan	Director	1 Jan 2015	Other	6454457
Belinda Mary Boa	Director	1 Apr 2016	Other	6753687
Sam Yongsang Kim	Director	1 Apr 2016	Other	2670449
Andrew Shawn Reynolds	Chief operating officer	1 Nov 2016	Other	5734418
Andrew Shawn Reynolds	Director	1 Jan 2017	Other	5734418
Andrew Raymond Landman	Director	1 May 2018	Other	5216192
Geraldine Joyce Buckingham	Chief executive officer	1 Feb 2019	Other	7087197
Andrew John Hambleton	Director	1 Apr 2019	Other	7100658
Andrew Raymond Landman	Chief operating officer	1 Apr 2019	Other	5216192
Geraldine Joyce Buckingham	Director	1 May 2019	Other	7087197

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Blackrock	Sole shareholder	1 Sep 2006	75% - 100%	32-0174431
Inc. Blackrock Holdco 2	Sole shareholde	1 Sep 2006	75% - 100%	68-0635711
Inc Blackrock Financial Management	Sole shareholder	1 Sep 2006	75% - 100%	107105
Inc. Blackrock Advisors Holdings	Sole shareholder	1 Sep 2006	75% - 100%	23-2834205
L.P. Br Jersey International Holdings	Sole shareholder	1 Sep 2006	75% - 100%	foreign
Inc. Blackrock International Holdings	General partner	1 Dec 2009	Other	06-1543710
L.P. Br Jersey International Holdings	Sole shareholder	1 Oct 2013	75% - 100%	foreign
Blackrock (Singapore) Holdco Pte. Ltd	Sole shareholder	1 Oct 2013	75% - 100%	foreign
Llc Blackrock Asia Pac Holdco	Sole shareholder	1 Oct 2013	75% - 100%	foreign
Blackrock Asiapac Holdco Llc	Sole shareholder	1 Oct 2013	75% - 100%	foreignus
Inc Blackrock Financial Management	Sole shareholder	1 Mar 2015	75% - 100%	107105

Based in Hong Kong

The principal office where Blackrock Asset Management North Asia Limited performs its advisory services is located at 16/F Champion Tower, 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 3903 2800. The normal business hours are 9:00am to 6:00pm on Monday - Friday. You can find more information about the New York firm at blackrock.com.