Keywise Capital Management (Hk) Limited (Hong Kong)


Keywise Capital Management (Hk) Limited is a large advisory firm based in Hong Kong. It manages $1.54 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2013.

Keywise Capital Management (Hk) 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.

Keywise Capital Management (Hk) Limited: assets under management

The assets under management (AUM) of Keywise Capital Management (Hk) Limited is $1.54 billion. The firm's AUM has grown by 39% since the beginning of its operation, and $1.2 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.37 billion in discretionary accounts and $177.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $105.11 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $177.06 million.
Keywise Capital Management (Hk) Limited has custody of $233 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Keywise Capital Management (Hk) Limited 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 Fang Zheng serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Fang Zheng is sovereign wealth funds and foreign official institutions with 1 clients and $808.82 million of assets under management. Among the 7 most similar advisory firms, Keywise Capital Management (Hk) 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 $1.54 billion for 14 clients. 80% of the firm’s clients are foreign persons or businesses.

Keywise Capital Management (Hk) Limited also advises several private funds. Namely, five hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Keywise Capital Management (Hk) Limited

The company employs 23 people that are either part- or full-time employees. 43 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.

Fang Zheng has been acting as President since 1 Jul 2006. Duo Hu joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Fang Zheng Director/chief investment officer 1 Jul 2006 75% - 100% 5078944
Sydney King Suen Yip Director 1 Feb 2009 Other 6032208
Kai Xiong Head of investor relations 1 Mar 2010 Other 6622755
Fergus Tsan Fai Lam Chief operating officer 1 Apr 2010 Other 6032205
Lizza Lok Sze Chiu Chief financial officer 1 Oct 2011 Other 6032206
Fergus Tsan Fai Lam Chief compliance officer 1 Dec 2013 Other 6032205
Duo Hu Chief compliance officer 1 Jun 2015 Other 6523407

Based in Hong Kong

The principal office where Keywise Capital Management (Hk) Limited performs its advisory services is located at Room 4004 4006, Cosco Tower, Hong Kong, , 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 +852 2815 7991 or by fax +852 2815 7992. The normal business hours are gmt+8, 0900-1800 on Monday - Friday. You can find more information about the New York firm at keywisecapital.com.