Principal Global Investors (Hong Kong) Limited is a large advisory firm based in Wan Chai. It manages $5.77 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2018.
Principal Global Investors (Hong Kong) Limited 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.
The assets under management (AUM) of Principal Global Investors (Hong Kong) Limited is $5.77 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -19% since the beginning of its operation, and $5.77 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Principal Global Investors (Hong Kong) Limited 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.
The firm provides services to pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Barbara Mckenzie is pooled investment vehicles with 5 clients and $5.17 billion of assets under management. Among the 5 most similar advisory firms, Principal Global Investors (Hong Kong) Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $5.77 billion for 5 clients. 100% of the firm’s clients are foreign persons or businesses.
Principal Global Investors (Hong Kong) Limited doesn't advise any private funds.
The company employs 19 people that are either part- or full-time employees. 37 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 9 people 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 don’t receive compensation from other entities for client referrals.
Barbara Mckenzie has been acting as President since 1 Sep 2008. Andrew John Donohue joined the executive team most recently as the Chief Compliance Officer.
The principal office where Principal Global Investors (Hong Kong) Limited performs its advisory services is located at Unit 1001 1003 Central Plaza, Wan Chai, , which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 852-3519-2000 or by fax 852-3519-2005. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at principalglobal.com.