Daiwa Sb Investments (Hk) Ltd (Hong Kong)

Name: Daiwa Sb Investments (Hk) Ltd
Address: Level 28, One Pacific Place, Hong Kong
Telephone: 852-2523-7032

Daiwa Sb Investments (Hk) Ltd is a large advisory firm based in Hong Kong. It manages $270.99 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2002.

Daiwa Sb Investments (Hk) 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.

Daiwa Sb Investments (Hk): assets under management

The assets under management (AUM) of Daiwa Sb Investments (Hk) Ltd is $270.99 million. The firm's AUM has gone down by -46% since the beginning of its operation, and $270.99 million of the total AUM is attributable to clients outside of the United States.

The firm manages $85.73 million in discretionary accounts and $185.25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.43 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.31 million.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Daiwa Sb Investments (Hk) 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 Daisuke Churei serves?

The only and largest group of clients of Daisuke Churei is pooled investment vehicles with 1 clients and $10.71 million of assets under management. Among the 14 most similar advisory firms, Daiwa Sb Investments (Hk) has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $10.71 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Daiwa Sb Investments (Hk) doesn't advise any private funds.

Careers at Daiwa Sb Investments (Hk) Ltd

The company employs 15 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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.

Daisuke Churei has been acting as President since 1 Mar 2014. Chang Chung Kwong has served as the Chief Investment Officer since 1 Sep 1997. Limited Sumitomo Mitsui Ds Asset Management Company joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nobumasa Wakabayashi	Director	1 Jun 1995	Other	860953
Lau Man Kit	Senior portfolio manager	1 May 1996	Other	4384040
Man Kit Lau	Senior portfolio manager	1 May 1996	Other	4384040
Leung Chi Chung	Portfolio manager	1 Apr 1997	Other	4384042
Chi Chung Leung	Senior portfolio manager	1 Apr 1997	Other	4384042
Chang Chung Kwong	Director/chief investment officer	1 Sep 1997	Other	4384038
Chung Kwong Chang	Director/chief investment officer	1 Sep 1997	Other	4384038
Daiwa Sb Investments Ltd	Shareholder	1 Apr 1999	75% - 100%	110077
Hiruma Kunio	Managing director	1 Sep 1999	Other	4384035
Shunsuke Ichijo	Director	1 Jun 2002	Other	4370204
Kiyotaka Hoshino	Managing director & head of asia	1 Dec 2002	Other	1233344
Katsumi Yamashita	Managing director	1 Jun 2004	Other	4833112
Katsumi Yamashita	Managing director	1 Jul 2004	Other	4833112
Katsumi Yamashita	Chief compliance officer	1 Dec 2004	Other	4833112
Kiyotaka Hoshino	Director	1 Apr 2005	Other	1233344
Wing Kam Choi	Portfolio manager	1 Jun 2005	Other	5041459
Chak Hung Mak	Senior portfolio manager	1 Jul 2005	Other	5041460
Junichi Terashima	Managing director	1 Sep 2006	Other	5234720
Hiroyuki Yamada	Chief compliance officer	1 May 2008	Other	4372273
Akihiko Kanamura	Director	1 Apr 2011	Other	06/30/1959
Masaki Takahashi	Director/chief portfolio manager	1 Jul 2011	Other	15/07/1963
Chi Hang Lui	Head of asia equity	1 Jan 2012	Other	6143283
Lui Chi Hang	Head of asia equity	1 Jan 2012	Other	xxx-xx-xxxx
Shinji Ishimaru	Managing director/ chief compliance officer	1 May 2012	Other	6122344
Junichi Terashima	Director	1 May 2013	Other	5234720
Michio Obara	Director	1 Oct 2013	Other	6257699
Kazuhiro Uemura	Managing director/director/chief compliance officer	1 Oct 2013	Other	2536777
Daisuke Churei	Director	1 Mar 2014	Other	6308096
Junya Okada	Managing director/director/chief compliance officer	1 Apr 2015	Other	6482605
Otsuka Sunao	Director	1 Apr 2015	Other	6482606
Chi Hang Lui	General manager	1 May 2015	Other	6143283
Eiji Fukumuro	Director	1 Jan 2018	Other	4343170
Hideomi Ozaki	Director	1 Sep 2018	Other	6779100
Limited Sumitomo Mitsui Ds Asset Management Company	Shareholder	1 Apr 2019	75% - 100%	foreign

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Daiwa Securities Group Inc.	Shareholder	1 Apr 1999	25% - 50%	foreign
Sumitomo Mitsui Banking Corporation	Indirect shareholder	1 Apr 1999	25% - 50%	foreign
Inc. Sumitomo Mitsui Financial Group	Shareholder	1 Feb 2003	25% - 50%	foreign
Inc. Sumitomo Mitsui Financial Group	Indirect shareholder	1 Apr 2019	50% - 75%	foreign

Based in Hong Kong

The principal office where Daiwa Sb Investments (Hk) Ltd performs its advisory services is located at Level 28, One Pacific Place, 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 852-2523-7032 or by fax 852-2840-0627. The normal business hours are 0900 to 1700 on Monday - Friday. You can find more information about the New York firm at daiwasbi.co.jp.