Daiwa Sb Investments (Hk) Ltd (Hong Kong)


Daiwa Sb Investments (Hk) Ltd is a large advisory firm based in Hong Kong. It manages $270.99 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2002.

Daiwa Sb Investments (Hk) 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.

Daiwa Sb Investments (Hk): assets under management

The assets under management (AUM) of Daiwa Sb Investments (Hk) Ltd is $270.99 million. The firm's AUM has gone down by -46% since the beginning of its operation, and $270.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $85.73 million in discretionary accounts and $185.25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.43 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.31 million.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Daiwa Sb Investments (Hk) 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 Daisuke Churei serves?

The only and largest group of clients of Daisuke Churei is pooled investment vehicles with 1 clients and $10.71 million of assets under management. Among the 14 most similar advisory firms, Daiwa Sb Investments (Hk) has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $10.71 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Daiwa Sb Investments (Hk) doesn't advise any private funds.

Careers at Daiwa Sb Investments (Hk) Ltd

The company employs 15 people that are either part- or full-time employees. 47 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 4 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.

Daisuke Churei has been acting as President since 1 Mar 2014. Chang Chung Kwong has served as the Chief Investment Officer since 1 Sep 1997. Limited Sumitomo Mitsui Ds Asset Management Company joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Nobumasa Wakabayashi Director 1 Jun 1995 Other 860953
Lau Man Kit Senior portfolio manager 1 May 1996 Other 4384040
Man Kit Lau Senior portfolio manager 1 May 1996 Other 4384040
Leung Chi Chung Portfolio manager 1 Apr 1997 Other 4384042
Chi Chung Leung Senior portfolio manager 1 Apr 1997 Other 4384042
Chang Chung Kwong Director/chief investment officer 1 Sep 1997 Other 4384038
Chung Kwong Chang Director/chief investment officer 1 Sep 1997 Other 4384038
Daiwa Sb Investments Ltd Shareholder 1 Apr 1999 75% - 100% 110077
Hiruma Kunio Managing director 1 Sep 1999 Other 4384035
Shunsuke Ichijo Director 1 Jun 2002 Other 4370204
Kiyotaka Hoshino Managing director & head of asia 1 Dec 2002 Other 1233344
Katsumi Yamashita Managing director 1 Jun 2004 Other 4833112
Katsumi Yamashita Managing director 1 Jul 2004 Other 4833112
Katsumi Yamashita Chief compliance officer 1 Dec 2004 Other 4833112
Kiyotaka Hoshino Director 1 Apr 2005 Other 1233344
Wing Kam Choi Portfolio manager 1 Jun 2005 Other 5041459
Chak Hung Mak Senior portfolio manager 1 Jul 2005 Other 5041460
Junichi Terashima Managing director 1 Sep 2006 Other 5234720
Hiroyuki Yamada Chief compliance officer 1 May 2008 Other 4372273
Akihiko Kanamura Director 1 Apr 2011 Other 06/30/1959
Masaki Takahashi Director/chief portfolio manager 1 Jul 2011 Other 15/07/1963
Chi Hang Lui Head of asia equity 1 Jan 2012 Other 6143283
Lui Chi Hang Head of asia equity 1 Jan 2012 Other xxx-xx-xxxx
Shinji Ishimaru Managing director/ chief compliance officer 1 May 2012 Other 6122344
Junichi Terashima Director 1 May 2013 Other 5234720
Michio Obara Director 1 Oct 2013 Other 6257699
Kazuhiro Uemura Managing director/director/chief compliance officer 1 Oct 2013 Other 2536777
Daisuke Churei Director 1 Mar 2014 Other 6308096
Junya Okada Managing director/director/chief compliance officer 1 Apr 2015 Other 6482605
Otsuka Sunao Director 1 Apr 2015 Other 6482606
Chi Hang Lui General manager 1 May 2015 Other 6143283
Eiji Fukumuro Director 1 Jan 2018 Other 4343170
Hideomi Ozaki Director 1 Sep 2018 Other 6779100
Limited Sumitomo Mitsui Ds Asset Management Company Shareholder 1 Apr 2019 75% - 100% foreign

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Daiwa Securities Group Inc. Shareholder 1 Apr 1999 25% - 50% foreign
Sumitomo Mitsui Banking Corporation Indirect shareholder 1 Apr 1999 25% - 50% foreign
Inc. Sumitomo Mitsui Financial Group Shareholder 1 Feb 2003 25% - 50% foreign
Inc. Sumitomo Mitsui Financial Group Indirect shareholder 1 Apr 2019 50% - 75% foreign

Based in Hong Kong

The principal office where Daiwa Sb Investments (Hk) Ltd performs its advisory services is located at Level 28, One Pacific Place, 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 852-2523-7032 or by fax 852-2840-0627. The normal business hours are 0900 to 1700 on Monday - Friday. You can find more information about the New York firm at daiwasbi.co.jp.

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