New Silk Road Investment Pte Ltd (Singapore)
New Silk Road Investment Pte Ltd is a large advisory firm based in Singapore. It manages $1.72 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2014.
New Silk Road Investment Pte 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.
New Silk Road Investment Pte: assets under management
The assets under management (AUM) of New Silk Road Investment Pte Ltd is $1.72 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7% since the beginning of its operation, and $1.58 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay New Silk Road Investment Pte Ltd for their services and products based on a percentage of assets under management 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 Yik Luen Hoong serves?
The firm provides services to pooled investment vehicles, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Yik Luen Hoong is pooled investment vehicles with 4 clients and $788.78 million of assets under management. Among the 10 most similar advisory firms, New Silk Road Investment Pte has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.72 billion for 4 clients. 88% of the firm’s clients are foreign persons or businesses.
New Silk Road Investment Pte also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
Careers at New Silk Road Investment Pte Ltd
The company employs 19 people that are either part- or full-time employees. 68 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.
Yik Luen Hoong has been acting as President since 1 Aug 2008. Alan Chua joined the executive team most recently as the Managing Director, Research.
Direct owners and executive officers
Based in Singapore
The principal office where New Silk Road Investment Pte Ltd performs its advisory services is located at 50 Collyer Quay #08 01, Oue Bayfront, Singapore, 049321, 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 65 6593 6136 or by fax 65 6220 0380. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at nsr.com.sg and its LinkedIn profile.
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