Nikko Asset Management Europe Ltd (London)


Nikko Asset Management Europe Ltd is a large advisory firm based in London. It manages $19.19 billion of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2006.

Nikko Asset Management Europe 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.

Nikko Asset Management Europe: assets under management

The assets under management (AUM) of Nikko Asset Management Europe Ltd is $19.19 billion. The firm's AUM has grown by 139% since the beginning of its operation, and $19.18 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $18.84 billion in discretionary accounts and $356.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $273 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $118.73 million.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 3% of the firm’s portfolio. Investments in sovereign bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nikko Asset Management Europe Ltd for their services and products based on fixed fees and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Ross Long serves?

The firm provides services to insurance companies, other investment advisers, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Andrew Ross Long is pooled investment vehicles with 60 clients and $13.48 billion of assets under management. Among the 12 most similar advisory firms, Nikko Asset Management Europe has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $19.19 billion for 72 clients. 95% of the firm’s clients are foreign persons or businesses.

Nikko Asset Management Europe also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Nikko Asset Management Europe Ltd

The company employs 74 people that are either part- or full-time employees. 20 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.

Andrew Ross Long has been acting as President since 1 Apr 2014. Stuart Leigh Kinnersley has served as the Chief Investment Officer since 1 Feb 1998 and John David Howland Jackson is the Chief Executive Officer of Nikko Asset Management Europe Ltd family office. Kunihiro Asai joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stuart Leigh Kinnersley Chief executive officer/chief investment officer 1 Feb 1998 Other 4391369
Nikko Am Global Holdings Limited Shareholder 1 Mar 1998 75% - 100% foreign entity
Nikko Global Asset Management Limited Shareholder 1 Mar 1998 75% - 100% foreign entity
Michael John Cieran Mulholland Chief compliance officer / finance director 1 Mar 2005 Other 4391367
Philip Henri Hanssens Chief compliance officer 1 Sep 2006 Other 5231648
Charles Beazley Chief executive officer 1 Nov 2006 Other 4938575
Michel De Carvalho Non-executive director 1 Nov 2007 Other 5468793
Michael De Carvalho Director 1 Nov 2007 Other 5468793
Charles Michael Metcalfe Director, chief executive officer 1 Nov 2010 Other 1281505
Michael John Cieran Mulholland Ceo & coo 1 Apr 2014 Other 4391367
Andrew Ross Long Director 1 Apr 2014 Other 6223921
David Jonathan Semaya Director 1 Apr 2014 Other 1807547
Katie Marie Holt Chief compliance officer 1 Sep 2014 Other 4467463
Michael John Cieran Mulholland Chief financial officer 1 Apr 2016 Other 4391367
Udo Von Werne Chief executive officer 1 Apr 2016 Other 6665813
John David Howland Jackson Non executive director 1 Sep 2016 Other 6717772
Junichi Sayato Executive director 1 Feb 2017 Other 6528352
Katie Christensen Chief compliance officer 1 May 2017 Other 6819863
John David Howland Jackson Chief executive officer 1 Jan 2018 Other 6717772
Takashi Kurosawa Director 1 May 2018 Other 4667047
David Anthony Cruise Director 1 Sep 2018 Other 7147855
Carl Allan Baldwin Chief compliance officer 1 Feb 2019 Other 4757852
Kunihiro Asai Director 1 Apr 2019 Other 7147856

Indirect Owners

The SEC currently registers 18 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nikko Cordial Corporation Shareholder 1 Mar 1984 75% - 100% foreign entity
Ltd. Nikko Asset Management Co. Shareholder 1 Apr 1999 75% - 100% foreign entity
Nam Holdings Inc Shareholder 1 Mar 2004 25% - 50% foreign entity
Nikko Principal Investments Japan Ltd Shareholder 1 Mar 2004 25% - 50% foreign entity
Nam Holdings Inc. Shareholder 1 Mar 2004 25% - 50% foreign entity
Citigroup Inc. Shareholder 1 Feb 2007 75% - 100% 52-1568099
Citigroup Japan Investments Llc Shareholder 1 May 2007 50% - 75% foreign entity
Citigroup Japan Holdings Yk Shareholder 1 Aug 2007 50% - 75% foreign entity
Citigroup Inc. Shareholder 1 Aug 2007 75% - 100% 52-1568099
Citigroup Japan Holdings Ltd Shareholder 1 Aug 2007 50% - 75% foreign entity
Nikko Citi Holdings Inc. Shareholder 1 May 2008 75% - 100% foreign entity
Nikko Citi Holdings Inc. Shareholder 1 Jun 2009 75% - 100% foreign entity
Nikko Citi Nam Holdings G.K. Shareholder 1 Jun 2009 50% - 75% foreign entity
Nam Investment Holdings G.K. Shareholder 1 Jun 2009 50% - 75% foreign entity
Ltd. The Sumitomo Trust And Banking Co. Shareholder 1 Oct 2009 75% - 100% foreign entity
Inc. Sumitomo Mitsui Trust Holdings Shareholder 1 Apr 2011 75% - 100% foreign entity
Limited Sumitomo Mitsui Trust Bank Shareholder 1 Apr 2012 75% - 100% foreign entity
Inc. Sumitomo Mitsui Trust Holdings Shareholder 1 Apr 2012 75% - 100% foreign entity

Based in London

The principal office where Nikko Asset Management Europe Ltd performs its advisory services is located at 1 London Wall, London, Ec2 Y 5 Ad, 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 INTL + 44 203 702 1039 or by fax INTL + 44 20 7796 9816. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at nikkoam.com/english.