Qic Investments No. 1 Pty Ltd (Brisbane Queensland)

Name: Qic Investments No. 1 Pty Ltd
Address: Level 5 Central Plaza Two, Brisbane Queensland, 4000
Telephone: 011-617-3360-3800

Qic Investments No. 1 Pty Ltd is a large advisory firm based in Brisbane Queensland. It manages $2.78 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2012.

Qic Investments No. 1 Pty 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.

Qic Investments No. 1 Pty: assets under management

The assets under management (AUM) of Qic Investments No. 1 Pty Ltd is $2.78 billion. The firm's AUM has grown by 353% since the beginning of its operation, and $2.27 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.01 billion in discretionary accounts and $763.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $223.73 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $381.9 million.

Qic Investments No. 1 Pty has custody of $495.02 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 36% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Qic Investments No. 1 Pty Ltd 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 Peter William Forbes serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Peter William Forbes is pooled investment vehicles with 9 clients and $2.01 billion of assets under management. Among the 12 most similar advisory firms, Qic Investments No. 1 Pty has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.78 billion for 11 clients. 82% of the firm’s clients are foreign persons or businesses.

Qic Investments No. 1 Pty also advises several private funds. Namely, six other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $20,000,000.

Careers at Qic Investments No. 1 Pty Ltd

The company employs 43 people that are either part- or full-time employees. 95 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.

Peter William Forbes has been acting as President since 1 Jan 2012. Adriaan Christopher Ryder has served as the Chief Investment Officer since 1 Sep 2011. Michelle Joy Elizabeth Thomsen joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carleen Gay Fitzsimon	Company secretary	1 May 2002	Other	6027578
Qic Limited	Direct owner	1 Oct 2006	75% - 100%	foreign
Douglas Francis Mctaggart	Director	1 Oct 2006	Other	6025713
David E Clarke	Chief compliance officer	1 Sep 2007	Other	6025208
Paul Robert Leitch	Managing director - human resources	1 May 2010	Other	6027577
Willem Gabriel Jordaan	Chief operating officer	1 Dec 2010	Other	6025716
Claire Marite Blake	Executive director, finance	1 Jan 2011	Other	6025714
David James Addis	Managing director - corporate strategy	1 Jan 2011	Other	6027576
Adriaan Christopher Ryder	Chief investment officer	1 Sep 2011	Other	6186387
Peter William Forbes	Director	1 Jan 2012	Other	6025711
Peter Francis Young	Director	1 Jan 2012	Other	6025712
Kenneth Duncan Macdonald	Director	1 Jan 2012	Other	6025717
Damien John Frawley	Director	1 Jul 2012	Other	6095386
Brian John Delaney	Executive director , strategy, clients & global markets	1 Oct 2012	Other	5657045
Paul Robert Leitch	Chief operating officer	1 Oct 2012	Other	6027577
Don Robert Luke	Director	1 May 2014	Other	6392604
Andrew Eric King	Director	1 May 2014	Other	6392606
Mark David Mcdonald	Executive director, operations and technology	1 Apr 2015	Other	6480719
Glenn Alfred Jackson	Executive director, human resources	1 Apr 2015	Other	6480720
Leonie Lorraine Wilkinson	Executive director - global clients and marketing	1 Jul 2018	Other	7010897
Michelle Joy Elizabeth Thomsen	General counsel	1 Aug 2018	Other	7180743

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Australia The State Of Queensland	Indirect owner	1 Oct 1991	75% - 100%	foreign

Based in Brisbane Queensland

The principal office where Qic Investments No. 1 Pty Ltd performs its advisory services is located at Level 5 Central Plaza Two, Brisbane Queensland, 4000, 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 011-617-3360-3800 or by fax 011-617-3360-3979. The normal business hours are 8:30am to 5pm on Monday - Friday. You can find more information about the New York firm at qic.com and its LinkedIn profile.