Emso Asset Management Limited (London)


Emso Asset Management Limited is a large advisory firm based in London. It manages $6.7 billion of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2015.

Emso Asset Management 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.

Emso Asset Management Limited: assets under management

The assets under management (AUM) of Emso Asset Management Limited is $6.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and $6.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $6.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $223.32 million each.
Emso Asset Management Limited has custody of $4.56 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in sovereign bonds the most. They account for 76% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 9% of the firm’s portfolio. Investments in derivatives form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Emso Asset Management 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 Paul Carl Schorr serves?

The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Paul Carl Schorr is pooled investment vehicles with 23 clients and $6.07 billion of assets under management. Among the 4 most similar advisory firms, Emso Asset Management Limited has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.7 billion for 29 clients. 77% of the firm’s clients are foreign persons or businesses.

Emso Asset Management Limited also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $1,000,000.

Careers at Emso Asset Management Limited

The company employs 84 people that are either part- or full-time employees. 33 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.

Paul Carl Schorr has been acting as President since 1 Apr 2015. Susan Regina Dodge joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mark Richard Franklin Chief executive officer/ chief investment officer 1 Oct 2003 Other 1906712
Raul Rhodes Mcgregor Chief operations officer/ chief financial officer 1 Oct 2003 Other 2794200
Ihor George Rakowsky General counsel 1 Jan 2010 Other 5134036
Susan Regina Dodge Chief compliance officer 1 Aug 2013 Other 4345835
White Park Limited Sole shareholder 1 Aug 2013 75% - 100% 00-0000000
Paul Carl Schorr Director 1 Apr 2015 Other 1995970

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Mark Richard Franklin President 1 Aug 2013 50% - 75% 1906712

Based in London

The principal office where Emso Asset Management Limited performs its advisory services is located at Iron Trades House, London, Sw1 X 7 Hn, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 44-207-150-3700. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at emso.com.