Neuberger Berman Asia Limited (Hong Kong)


Neuberger Berman Asia Limited is a large advisory firm based in Hong Kong. It manages $1.05 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2010.

Neuberger Berman Asia Limited 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.

Neuberger Berman Asia Limited: assets under management

The assets under management (AUM) of Neuberger Berman Asia Limited is $1.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 401% since the beginning of its operation, and $1.05 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $130.82 million each.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 15% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Neuberger Berman Asia 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 Heather P. Zuckerman serves?

The firm provides services to insurance companies, pooled investment vehicles, and sovereign wealth funds and foreign official institutions. The largest group of clients of Heather P. Zuckerman is sovereign wealth funds and foreign official institutions with 2 clients and $899.96 million of assets under management. Among the 12 most similar advisory firms, Neuberger Berman Asia Limited has the highest percentage of sovereign wealth funds and foreign official institutions out of all clients.

The amount of regulatory assets under management is $1.05 billion for 8 clients. 100% of the firm’s clients are foreign persons or businesses.

Neuberger Berman Asia Limited also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Neuberger Berman Asia Limited

The company employs 53 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 3 people 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 don’t receive compensation from other entities for client referrals.

Heather P. Zuckerman has been acting as President since 1 Nov 2009. Sik Kar Chao joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Yulin Yao Managing director 1 Mar 2009 Other 5817072
Susan Barneby Rice Director and chief administrative officer 1 Mar 2009 Other 5817069
Neuberger Berman Asia Holdings Ii Llc Holding company 1 May 2009 75% - 100% 80-0357883
Heather P. Zuckerman Director 1 Nov 2009 Other 4107706
Antony James Edwards Director and chief executive officer 1 Dec 2009 Other 5817070
Jason Christopher Davenant Henchman Director and chief compliance officer 1 Mar 2010 Other 5389862
Yoke Ling Dawne Siau Chief compliance officer 1 Apr 2011 Other 5414356
Nicholas John Francis Hoar Managing director 1 Mar 2012 Other 6044546
Terry Stothard Chief compliance officer 1 Mar 2016 Other 6631801
Sik Kar Chao Chief compliance officer 1 Apr 2017 Other 6821566

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lehman Brothers Holdings Inc. Member 1 Oct 2003 25% - 50% 13-3216325
Neuberger Berman Asia Holdings Llc Member 1 May 2009 75% - 100% 36-4651286
Neuberger Berman Group Llc Member 1 May 2009 75% - 100% 61-1591182
Llc Nbsh Acquisition Member 1 May 2009 75% - 100% 26-4383171

Based in Hong Kong

The principal office where Neuberger Berman Asia Limited performs its advisory services is located at 20 Th Floor, Jardine House, 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 3664 8800. The normal business hours are 9.00 am - 6.00 pm on Monday - Friday. You can find more information about the New York firm at nb.com.