Macquarie Funds Management Hong Kong Limited (Central)


Macquarie Funds Management Hong Kong Limited is a large advisory firm based in Central. It manages $623.61 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012.

Macquarie Funds Management Hong Kong Limited provides portfolio management for individuals and small businesses, 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.

Macquarie Funds Management Hong Kong Limited: assets under management

The assets under management (AUM) of Macquarie Funds Management Hong Kong Limited is $623.61 million. The firm's AUM has gone down by -77% since the beginning of its operation, and $623.61 million of the total AUM is attributable to clients outside of the United States.

The firm manages $611.62 million in discretionary accounts and $11.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.98 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 Macquarie Funds Management Hong Kong Limited for their services and products based on a percentage of assets under management 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.

What kind of clients John Charles Bugg serves?

The firm provides services to other investment advisers, pooled investment vehicles, and state or municipal government entities. The largest group of clients of John Charles Bugg is pooled investment vehicles with 11 clients and $574.6 million of assets under management. Among the 9 most similar advisory firms, Macquarie Funds Management Hong Kong Limited has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $623.61 million for 13 clients. 100% of the firm’s clients are foreign persons or businesses.

Macquarie Funds Management Hong Kong Limited also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Macquarie Funds Management Hong Kong Limited

The company employs 25 people that are either part- or full-time employees. 36 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

John Charles Bugg has been acting as President since 1 Feb 2009. Wei Yue Cheong joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Macquarie Bank Limited Direct owner 1 Feb 2001 75% - 100% 98-0163788
Hui Derek Lam Legal entity controller 1 Jan 2007 Other 6050294
Joshua Gordon Pieterse Chief legal officer 1 Oct 2008 Other 6050290
John Charles Bugg Director 1 Feb 2009 Other 6050292
Andrew Bernard Alexander Director 1 Jan 2012 Other 6050293
Paul John Shelton Chief compliance officer 1 Mar 2012 Other 6050287
Axel Armin Maier Director 1 Oct 2012 Other 6154365
Benjamin John Austin Chief compliance officer 1 Jan 2013 Other 6154363
Jennifer Margaret Anne Oswald Legal enity controller 1 Dec 2013 Other 6456247
Macquarie Corporate Finance Limited Direct owner 1 Sep 2015 75% - 100% foreign
Nicholas James Bird Director 1 Jun 2017 Other 6824262
Samuel John Le Cornu Director 1 Oct 2017 Other 6960290
Wei Yue Cheong Director 1 Mar 2019 Other 7091314
Bastiaan Jeroen Van Buuren Director 1 Mar 2019 Other 5836668

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Macquarie Group Limited Indirect owner 1 Feb 2007 75% - 100% foreign
Macquarie B.H. Pty Ltd Indirect owner 1 Nov 2007 75% - 100% foreign
Macquarie Financial Holdings Pty Limited Indirect owner 1 Nov 2007 75% - 100% foreign
Macquarie Corporate Holdings Pty Limited Indirect owner 1 Nov 2007 75% - 100% foreign
Macquarie Corporate Finance Holdings Pty Ltd Indirect owner 1 Sep 2015 75% - 100% foreign

Based in Central

The principal office where Macquarie Funds Management Hong Kong Limited performs its advisory services is located at One International Finance Centre,, Central, Sar, 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 3922 1888 or by fax 852 3922 3605. The normal business hours are 9am-5pm on Monday - Friday.