Fulcrum Asset Management LLP (London)

Name: Fulcrum Asset Management LLP
Address: Marble Arch House, London, W1 H 5 Bt
Telephone: 44-20-7016-6450

Fulcrum Asset Management LLP is a large advisory firm based in London. It manages $5.11 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2005.

Fulcrum Asset Management provides portfolio management for individuals and small businesses, 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.

Fulcrum Asset Management: assets under management

The assets under management (AUM) of Fulcrum Asset Management LLP is $5.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 242% since the beginning of its operation, and $4.92 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.11 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $204.5 million each.

Investments

The firm invests in sovereign bonds the most. They account for 64% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 28% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fulcrum Asset Management LLP 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 Fulcrum Asset Management serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Fulcrum Asset Management is pooled investment vehicles with 15 clients and $4.05 billion of assets under management. Among the 8 most similar advisory firms, Fulcrum Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.22 billion for 16 clients. 92% of the firm’s clients are foreign persons or businesses.

Fulcrum Asset Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Fulcrum Asset Management LLP

The company employs 72 people that are either part- or full-time employees. 40 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.

Suhail Shaikh has served as the Chief Investment Officer since 1 Nov 2006 and Andrew David Stevens is the Chief Executive Officer of Fulcrum Asset Management LLP family office. Nabeel Abdoula joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew David Stevens	Chief executive officer	1 Dec 2003	25% - 50%	1877946
Fam Services Ltd	Corporate member	1 Dec 2003	Other	5000601
Timothy Fletcher	Chief financial officer	1 Oct 2004	Other	5073628
Stefan Pollmann	Chief operating officer	1 Oct 2004	Other	5073630
Gavyn Davies	Partner	1 Jun 2005	25% - 50%	1915527
Christian Johann Siva Jothy	Partner	1 Jun 2005	25% - 50%	5070388
Suhail Shaikh	Chief investment officer	1 Nov 2006	Other	4702555
Joseph Davidson	Chief compliance officer	1 Jan 2010	Other	5879107
Adrian Jeremy Norville Bedford	Partner	1 Jan 2011	Other	2541403
Thomas Fox Dempsey	Partner	1 Jan 2011	Other	4023106
Thomas Fox Dempsey	Partner	1 Mar 2011	Other	4023106
James Richard Horrocks	Partner	1 Feb 2012	Other	6039531
Andrew Maurice Bevan	Partner	1 Feb 2013	Other	2144711
Mohammed Fawaz	Partner	1 Feb 2013	Other	6170292
Nabeel Abdoula	Partner	1 Dec 2015	Other	6621748
Tim Meggs	Partner	1 Dec 2015	Other	6621752
Nabeel Abdoula	Partner	1 Apr 2016	Other	6621748
Tim Meggs	Partner	1 Apr 2016	Other	6621752

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Cayman Fulcrum Asset Management Ltd	Shareholder	1 Dec 2003	75% - 100%	foreign entity
Gavyn Davies	Shareholder	1 Jul 2004	50% - 75%	1915527

Based in London

The principal office where Fulcrum Asset Management LLP performs its advisory services is located at Marble Arch House, London, W1 H 5 Bt, 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 44-20-7016-6450 or by fax 44-20-7016-6460. The normal business hours are 02:30-13:00 est on Monday - Friday. You can find more information about the New York firm at fulcrumasset.com and its LinkedIn profile.