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.
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 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.
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.
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.
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.