Lofoten Asset Management Ltd (London)

Name: Lofoten Asset Management Ltd
Address: Claridge House, London, W1 K 4 Nd
Telephone: 44 20 7952 6630

Lofoten Asset Management Ltd is a large advisory firm based in London. It manages $1.63 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016.

Lofoten Asset Management 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.

Lofoten Asset Management: assets under management

The assets under management (AUM) of Lofoten Asset Management Ltd is $1.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 30% since the beginning of its operation, and $1.58 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $406.26 million each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lofoten Asset Management 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 Lofoten Asset Management serves?

The only and largest group of clients of Lofoten Asset Management is pooled investment vehicles with 2 clients and $853.48 million of assets under management. Among the 5 most similar advisory firms, Lofoten Asset Management has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $853.48 million for 2 clients. 75% of the firm’s clients are foreign persons or businesses.

Lofoten Asset Management doesn't advise any private funds.

Careers at Lofoten Asset Management Ltd

The company employs 6 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Willem Pieter Vinke	Chief executive officer, chief investment officer	1 Mar 2009	50% - 75%	5082321
The 9583211 International Pension Trust	Owner	1 Mar 2009	25% - 50%	99999
Hugh Stanley Keith Knowles	Chief financial officer	1 May 2016	Other	6653928
Hugh Knowles	Chief compliance officer, chief operating officer	1 May 2016	Other	6653928
Ian Firth	Chief compliance officer	1 Feb 2017	Other	6793123

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Zedra Trust Company Ltd	Trustee	1 Aug 2009	Other	foreign

Based in London

The principal office where Lofoten Asset Management Ltd performs its advisory services is located at Claridge House, London, W1 K 4 Nd, 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 44 20 7952 6630. The normal business hours are 9:00 - 6:00 on Monday - Friday. You can find more information about the New York firm at lofotenam.com.