Hsbc Asset Management (Singapore) Limited (Singapore)

Name: Hsbc Asset Management (Singapore) Limited
Address: 21 Collyer Quay #13 02, Singapore, 049320
Telephone: 65-6530-2828

Hsbc Asset Management (Singapore) Limited is a large advisory firm based in Singapore. It manages $1.78 billion of regulatory assets for 791 client accounts. It has been registered with the SEC as an adviser since 2001.

Hsbc Asset Management (Singapore) Limited provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hsbc Asset Management (Singapore) Limited: assets under management

The assets under management (AUM) of Hsbc Asset Management (Singapore) Limited is $1.78 billion. The firm's AUM has grown by 240% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.76 billion in discretionary accounts and $22.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.27 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.42 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hsbc Asset Management (Singapore) Limited for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Hsbc Asset Management (Singapore) Limited

Eric William Gill has been acting as President since 1 Jan 2000. Michael Young joined the executive team most recently as the Non Executive Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Foo Pek Hong	Managing director	1 Sep 1986	Other	4359323
Pek Hong Foo	Managing director	1 Sep 1986	Other	4359323
Tan Geok Pong	Director	1 Feb 1997	Other	4359327
Geok Pong Tan	Director	1 Feb 1997	Other	4359327
Christopher Anthony Ewin	Director	1 Nov 1998	Other	4347669
King Lun Au	Director	1 Dec 1998	Other	4347668
Marcus Charles Pakenham	Director	1 Sep 1999	Other	4359328
Eric William Gill	Director	1 Jan 2000	Other	4359322
Philip Leonard Spencer	Director	1 Nov 2000	Other	4361099
Hsbc Asset Management (Bahamas) Limited	Shareholder	1 Dec 2000	75% - 100%	foreign
Stephen Edward Anderson	Director	1 Feb 2001	Other	4361103
Paul M Y Chow	Director	1 Jul 2001	Other	4347664
George A Efthimiou	Director	1 Jul 2001	Other	4347675
Nicholas Gary Winsor	Director	1 Jul 2001	Other	4516147
Mun Kit Lai	Executive director	1 Sep 2002	Other	4643376
Paul Joseph Lawrence	Non-executive director & chairman	1 Dec 2002	Other	4643374
Chee Seng Shek	Managing director	1 Feb 2003	Other	4643375
Blair Chilton Pickerell	Non-executive director	1 Jul 2003	Other	4673481
Simeon Thomas Brown	Non-executive director	1 Sep 2003	Other	4342764
Michael Young	Non-executive director	1 Feb 2004	Other	4765555

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hsbc Holdings Plc	Shareholder	1 Dec 1992	75% - 100%	foreign
Hsbc Holdings B.V.	Shareholder	1 Dec 1992	75% - 100%	foreign
Hsbc Finance (Netherlands)	Shareholder	1 Dec 1996	75% - 100%	foreign
The Hongkong And Shanghai Banking Corporation Limited	Shareholder	1 Jan 2001	75% - 100%	foreign
Hsbc Asia Holdings (Uk)	Shareholder	1 Dec 2001	75% - 100%	foreign
Hsbc Asia Holdings Bv (The Netherlands)	Shareholder	1 Dec 2001	75% - 100%	foreign

Based in Singapore

The principal office where Hsbc Asset Management (Singapore) Limited performs its advisory services is located at 21 Collyer Quay #13 02, Singapore, 049320, 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 65-6530-2828 or by fax 65-6225-4324. The normal business hours are 0830 to 1800 on Monday - Friday. You can find more information about the New York firm at hsbc.com.