Stenham Asset Management Inc. (St. Peter Port)

Name: Stenham Asset Management Inc.
Address: Kingsway House, Havilland Street, St. Peter Port, Gyi 2 Qe
Telephone: 011 44 0 1481 716 387

Stenham Asset Management Inc. is an adviser based in St. Peter Port. It manages $1.69 billion of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2012.

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

Stenham Asset Management: assets under management

The assets under management (AUM) of Stenham Asset Management Inc. is $1.69 billion. The firm's AUM has gone down by -37% since the beginning of its operation, and $1.69 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.68 billion in discretionary accounts and $6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 77% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stenham Asset Management Inc. 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 Stenham Asset Management serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Stenham Asset Management is high net worth individuals with 104 clients and $854 million of assets under management. Among the 9 most similar advisory firms, Stenham Asset Management has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.69 billion for 111 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Stenham Asset Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $100,000.

Careers at Stenham Asset Management Inc.

The company employs 8 people that are either part- or full-time employees. 50 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 3 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Hyam Fienberg	Director and member of investment committee	1 Aug 1994	Other	6066198
Russel Andrew Peter Michel	Director, chief operations officer, chief compliance officer and member of investment committee	1 Jun 1997	Other	6066195
Kevin Eric Arenson	Member of investment advisory committee, stenham advisors plc (12/2010)	1 Jun 1997	Other	6066199
Ravit Toledano	Chief legal officer	1 Feb 2007	Other	6066201
Francis Kidd	Director and member of investment committee	1 Apr 2007	Other	6066196
Stenham Asset Management Holdings Limited	Shareholder	1 Apr 2008	75% - 100%	foreign
Giulio Battaglia	Chief financial officer	1 Sep 2009	Other	6066200
Simon Bourge	Member of investment committee	1 Dec 2010	Other	6069737
Lynda Stoelker	Member of investment advisory committee, stenham advisors plc	1 Dec 2010	Other	6082656
Nicola Sills	Member of investment advisory committee, stenham advisors plc	1 Dec 2010	Other	6082660
Dominique Christian Montier	Member of investment advisory committee, stenham advisors plc	1 Dec 2010	Other	838395
Javier Uribarren	Member of investment advisory committee, stenham advisors plc	1 Dec 2010	Other	6082659
Pablo Balan	Member of investment advisory committee, stenham advisors plc	1 Oct 2011	Other	6082740
Rachel Isobel Catherine Griggs	Managing director and member of invetment committee	1 Feb 2013	Other	6379552
John Damian Brannan	Managing director, stenham asset management	1 Oct 2014	Other	6511139
Giulio Battaglia	Managing director, stenham asset management group	1 Nov 2016	Other	6066200

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Peregrine Holdings Limited	Shareholder	1 Apr 1998	75% - 100%	foreign
Stenham Group Limited	Shareholder	1 Apr 2008	75% - 100%	foreign
Stenham Limited	Shareholder	1 Apr 2008	75% - 100%	foreign
Stenham Newco 1 Limited	Shareholder	1 Apr 2008	25% - 50%	foreign
Peregrine Financial Services Holdings Limited	Shareholder	1 Apr 2008	75% - 100%	foreign

Based in St. Peter Port

The principal office where Stenham Asset Management Inc. performs its advisory services is located at Kingsway House, Havilland Street, St. Peter Port, Gyi 2 Qe, 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 011 44 0 1481 716 387 or by fax 011 44 0 1481 730 922. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at stenhamassetmanagement.com/.