Sumitomo Mitsui Trust (Hong Kong) Limited (Hong Kong)

Sumitomo Mitsui Trust (Hong Kong) Limited is a large advisory firm based in Hong Kong. It manages $3.73 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2013.

Sumitomo Mitsui Trust (Hong Kong) Limited provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and portfolio management for unit trust and private equity funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as fund sales.

Sumitomo Mitsui Trust (Hong Kong) Limited: assets under management

The assets under management (AUM) of Sumitomo Mitsui Trust (Hong Kong) Limited is $3.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1049% since the beginning of its operation, and $3.73 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $466.06 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sumitomo Mitsui Trust (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.

What kind of clients Sumitomo Mitsui Trust (Hong Kong) Limited serves?

The only and largest group of clients of Sumitomo Mitsui Trust (Hong Kong) Limited is pooled investment vehicles with 8 clients and $3.73 billion of assets under management. Among the 8 most similar advisory firms, Sumitomo Mitsui Trust (Hong Kong) Limited has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.73 billion for 8 clients. 100% of the firm’s clients are foreign persons or businesses.

Sumitomo Mitsui Trust (Hong Kong) Limited doesn't advise any private funds.

Careers at Sumitomo Mitsui Trust (Hong Kong) Limited

The company employs 63 people that are either part- or full-time employees. 52 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tomohiko Komada	Executive director	1 Apr 2008	Other	5520274
Osamu Kurata	Chief executive	1 Jul 2009	Other	5692940
Joe Kwong Yat Fong	Chief compliance officer	1 Dec 2009	Other	5744345
Nobuo Takei	Deputy managing director	1 Dec 2009	Other	5744125
Limited Sumitomo Mitsui Trust Bank	Shareholder	1 Apr 2012	75% - 100%	tse 8403
Yuzuru Mehara	Deputy managing director	1 Jun 2013	Other	5744125
Akifumi Uchida	Managing director	1 Jun 2014	Other	6352797
Kazunori Kuwamura	Deputy managing director	1 Jun 2016	Other	6657296

Based in Hong Kong

The principal office where Sumitomo Mitsui Trust (Hong Kong) Limited performs its advisory services is located at Suites 2506 9, Aia Central, Hong Kong, , 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 852-2801-8800 or by fax 852-2840-0496. The normal business hours are 09:00 to 17:00 hk time on Monday - Friday.