Blackrock Asset Management North Asia Limited (Hong Kong)


Blackrock Asset Management North Asia Limited is a large advisory firm based in Hong Kong. It manages $48.35 billion of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

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Blackrock Asset Management North Asia Limited provides portfolio management for investment companies, 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.

Blackrock Asset Management North Asia Limited: assets under management

The assets under management (AUM) of Blackrock Asset Management North Asia Limited is $48.35 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 403% since the beginning of its operation, and $47.57 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $48.35 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $257.18 million each.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Blackrock Asset Management North Asia Limited for their services and products based on a percentage of assets under management. 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.

What kind of clients Michael Timothy Marquardt serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Michael Timothy Marquardt is pooled investment vehicles with 31 clients and $27.92 billion of assets under management. Among the 11 most similar advisory firms, Blackrock Asset Management North Asia Limited has the 5th highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $47.52 billion for 77 clients. 94% of the firm’s clients are foreign persons or businesses.

Blackrock Asset Management North Asia Limited also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons ranges from $1 to $6,340,000.

Careers at Blackrock Asset Management North Asia Limited

The company employs 404 people that are either part- or full-time employees. 23 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.

Michael Timothy Marquardt has been acting as President since 1 Dec 2009. Geraldine Joyce Buckingham joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Nicholas Michael Whateley Good Director 1 Feb 2008 Other 5228118
Michael Timothy Marquardt Director 1 Dec 2009 Other 4360796
Graham Douglas Turl Chief legal officer 1 Dec 2009 Other 6083966
Blackrock Hk Holdco Limited Sole shareholder 1 Dec 2009 75% - 100% foreign
Peter W Swarbeck Director 1 Dec 2009 Other 6083974
Mark Seumas Mccombe Chief executive officer 1 Feb 2012 Other 5306840
Juanita Li Yuen Ting Chief compliance officer 1 Jul 2012 Other 6095583
Eric Chin Hung Lee Chief financial officer 1 Jul 2012 Other 6087465
Shirley Jane Leung Director 1 Sep 2012 Other 2639896
Marc Bovell Paul Desmidt Director 1 Oct 2012 Other 6134109
Alastair James Henry Peters Chief financial officer 1 Jul 2013 Other 6226012
Graham Douglas Turl Director 1 Jan 2014 Other 6083966
Costa Tzatzakis Chief compliance officer 1 Mar 2014 Other 6316394
Costa Nmn Tzatzakis Chief compliance officer 1 Mar 2014 Other 6316394
Ryan David Stork Chief executive officer 1 Jul 2014 Other 4759833
Susan Wai Lan Chan Director 1 Jan 2015 Other 6454457
Belinda Mary Boa Director 1 Apr 2016 Other 6753687
Sam Yongsang Kim Director 1 Apr 2016 Other 2670449
Andrew Shawn Reynolds Chief operating officer 1 Nov 2016 Other 5734418
Andrew Shawn Reynolds Director 1 Jan 2017 Other 5734418
Andrew Raymond Landman Director 1 May 2018 Other 5216192
Geraldine Joyce Buckingham Chief executive officer 1 Feb 2019 Other 7087197
Andrew John Hambleton Director 1 Apr 2019 Other 7100658
Andrew Raymond Landman Chief operating officer 1 Apr 2019 Other 5216192
Geraldine Joyce Buckingham Director 1 May 2019 Other 7087197

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Blackrock Sole shareholder 1 Sep 2006 75% - 100% 32-0174431
Inc. Blackrock Holdco 2 Sole shareholde 1 Sep 2006 75% - 100% 68-0635711
Inc Blackrock Financial Management Sole shareholder 1 Sep 2006 75% - 100% 107105
Inc. Blackrock Advisors Holdings Sole shareholder 1 Sep 2006 75% - 100% 23-2834205
L.P. Br Jersey International Holdings Sole shareholder 1 Sep 2006 75% - 100% foreign
Inc. Blackrock International Holdings General partner 1 Dec 2009 Other 06-1543710
L.P. Br Jersey International Holdings Sole shareholder 1 Oct 2013 75% - 100% foreign
Blackrock (Singapore) Holdco Pte. Ltd Sole shareholder 1 Oct 2013 75% - 100% foreign
Llc Blackrock Asia Pac Holdco Sole shareholder 1 Oct 2013 75% - 100% foreign
Blackrock Asiapac Holdco Llc Sole shareholder 1 Oct 2013 75% - 100% foreignus
Inc Blackrock Financial Management Sole shareholder 1 Mar 2015 75% - 100% 107105

Based in Hong Kong

The principal office where Blackrock Asset Management North Asia Limited performs its advisory services is located at 16/F Champion Tower, 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 3903 2800. The normal business hours are 9:00am to 6:00pm on Monday - Friday. You can find more information about the New York firm at blackrock.com.