Mirae Asset Global Investments (Hong Kong) Limited (Hong Kong)

Name: Mirae Asset Global Investments (Hong Kong) Limited
Address: Level 15, Three Pacific Place,1 Queen's Road East, Hong Kong
Telephone: 852-2295-1500

Mirae Asset Global Investments (Hong Kong) Limited is a large advisory firm based in Hong Kong. It manages $4.77 billion of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2010.

Mirae Asset Global Investments (Hong Kong) Limited provides portfolio management for investment companies, portfolio management for businesses and institutional clients, and portfolio management for investment trusts, mutual funds & etf, non-discretionary advisory service. It prepares financial plans for more than 50 clients. On top of advisory services, the firm also engages as fund distribution business.

Mirae Asset Global Investments (Hong Kong) Limited: assets under management

The assets under management (AUM) of Mirae Asset Global Investments (Hong Kong) Limited is $4.77 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and $4.51 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.77 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $66.29 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mirae Asset Global Investments (Hong Kong) Limited for their services and products based on a percentage of assets under management and fixed 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 Byung Ha Kim serves?

The firm provides services to pooled investment vehicles and business development companies. The largest group of clients of Byung Ha Kim is pooled investment vehicles with 71 clients and $4.59 billion of assets under management. Among the 10 most similar advisory firms, Mirae Asset Global Investments (Hong Kong) Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.77 billion for 72 clients. 98% of the firm’s clients are foreign persons or businesses.

Mirae Asset Global Investments (Hong Kong) Limited doesn't advise any private funds.

Careers at Mirae Asset Global Investments (Hong Kong) Limited

The company employs 60 people that are either part- or full-time employees. 35 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.

Byung Ha Kim has been acting as President since 1 Oct 2005. Srinivasa Rao Kapala joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Byung Ha Kim	Director	1 Oct 2005	Other	6175882
Ltd. Mirae Asset Maps Global Investments Co.	Shareholder	1 Aug 2006	75% - 100%	na
Kitty Chau	Chief compliance officer	1 Apr 2008	Other	5753766
Tuck Chung Lee	Chief executive officer	1 Mar 2009	Other	5753763
Wan Youn Cho	Chief financial officer	1 Dec 2009	Other	5756174
Tuck Chung Lee	Director	1 Oct 2010	Other	5753763
Wan Youn Cho	Acting cheif executive officer and chief financial officer	1 Oct 2010	Other	5756174
Stephanie Luk	Chief compliance officer	1 Oct 2010	Other	5864630
Wan Youn Cho	Chief operating officer	1 Feb 2011	Other	5756174
Cheon Woong Park	Chief executive officer	1 Feb 2011	Other	5894937
Sirnivasa Rao Kapala	Chief compliance officer	1 Dec 2011	Other	6010760
Ltd. Mirae Asset Global Investments Co.	Shareholder	1 Mar 2012	75% - 100%	na
Jung Ho Rhee	Chief executive officer	1 May 2012	Other	6061706
Michelle Lam	Chief compliance officer	1 May 2012	Other	6072854
Wan Youn Cho	Chief compliance officer	1 Dec 2012	Other	5756174
Man See	Chief compliance officer	1 Feb 2013	Other	6169769
Josephine Wai Man Tang	Chief compliance officer	1 Sep 2015	Other	6568442
Anita Lai Fun Yu	Chief compliance officer	1 Nov 2016	Other	6723779
Srinivasa Rao Kapala	Director	1 Jan 2018	Other	6920236

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hyeon Joo Park	Shareholder	1 Jan 2006	75% - 100%	5547860
Hyeon Joo Park	Shareholder	1 Mar 2012	50% - 75%	5547860

Based in Hong Kong

The principal office where Mirae Asset Global Investments (Hong Kong) Limited performs its advisory services is located at Level 15, Three Pacific Place,1 Queen's Road East, Hong Kong, , 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 852-2295-1500 or by fax (852) 2258 7097. The normal business hours are 08:30 am - 05:30 pm on Monday - Friday. You can find more information about the New York firm at investments.miraeasset.com.hk.