Citigroup Asset Management Limited (London)

Name: Citigroup Asset Management Limited
Address: Citigroup Centre, Canada Square, London, E14 5 Lb
Telephone: 44 20 7500 5911

Citigroup Asset Management Limited is a large advisory firm based in London. It manages $23.55 billion of regulatory assets for 149 client accounts. It has been registered with the SEC as an adviser since 2001.

Citigroup Asset Management Limited provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Citigroup Asset Management Limited: assets under management

The assets under management (AUM) of Citigroup Asset Management Limited is $23.55 billion. The firm's AUM has grown by 1043% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $23.55 billion in discretionary accounts and $6.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $159.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.04 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Citigroup Asset Management 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.

Careers at Citigroup Asset Management Limited

Jill Anne Paitchel has been acting as President since 1 Apr 1999. Christina Grove joined the executive team most recently as the Chief Legal Officer For The Investment Adviser.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Linda Marget Davies	Legal officer	1 Apr 1999	Other	2618049
Jill Anne Paitchel	Director	1 Apr 1999	Other	1333917
Christopher Michael Robinson	Director	1 Apr 1999	Other	2645176
Salomon International Llc	100% s/h of applicant	1 Apr 1999	Other	13-3240203
Citigroup Global Markets Llc	100% s/h of applicant	1 Apr 1999	Other	13-3240203
Citigroup Global Markets International Llc	100% s/h of applicant	1 Apr 1999	Other	13-3240203
Michael Simon Green	Director	1 Jul 1999	Other	4362306
Vernon Richard Barback	Global head of technology and operations	1 Oct 1999	Other	4347165
Philippe Jacques Lespinard	Head of european investments	1 Mar 2000	Other	4347161
May Steele	European management committe member	1 Aug 2000	Other	4520047
Denis Lionel Chatterton	Compliance officer	1 Sep 2000	Other	4347159
Michael Patrick Mcelroy	Head of global equity investment and european management committee member	1 Jan 2001	Other	2851856
Martin Tully	Head of operations europe	1 Feb 2001	Other	4347167
Richard Patrick Mcnamara	Finance officer	1 Apr 2001	Other	4489453
Robert Locke Battel	Director and chief executive officer europe	1 Oct 2001	Other	14775
Victor Simeonovitch Filatov	European management committe member	1 Oct 2001	Other	1710290
Neil Mcpherson	European management committee member	1 Oct 2001	Other	4489455
James Kandunias	European management committee member	1 Dec 2001	Other	4520050
Christopher Parker	Head of non-us fixed income, european management committee member	1 Feb 2002	Other	4520046
Patrick Aloysius Mcdonnell	European management committee member	1 Jun 2002	Other	2665672
John Martin Nestor	Business head of citigroup asset management europe and director & chief executive officer for the investment adviser	1 Nov 2002	Other	4391240
Harvey Lewis Slater	Head of operations, european management committee member for the investment adviser	1 Dec 2002	Other	1637337
Ursula Schliessler	Director, business manager and european management committee member for the investment adviser	1 Dec 2002	Other	4648520
Paula Denise Marsh	Compliance officer, european management committee member	1 Apr 2003	Other	4670748
Charles G Neher	Head of technology, european management committee member for the investment adviser	1 Aug 2003	Other	2608439
Margaret Adams	Head of operations, european management committee member for the investment adviser	1 Aug 2003	Other	4708015
Stuart Glenn Berry	Head of technology, european management committee member for the investment adviser	1 Mar 2004	Other	4780949
Annette Sheridan	Head of human resources, european management committee member for the investment adviser	1 Mar 2004	Other	4780951
Glenn Galloway	Finance officer, european management committee member for the investment adviser	1 Mar 2004	Other	4781503
Winifred Elsie Robbins	Head of london fixed income	1 Nov 2004	Other	4899344
Paul Adam Ehrhardt	Business manager - investments, european management committee member for the investment adviser	1 Jan 2005	Other	2345766
Evan Lewis Merberg	Global head of institutional and international retail, european management committee member for the investment adviser	1 Mar 2005	Other	4608177
Michael Joseph Baresich	Chief information officer and european management committe member for the investment adviser	1 Jun 2005	Other	1286769
Alan Graham Mccormack	Head of equities & european management committee member for the investment adviser	1 Jul 2005	Other	5006540
Deepak Chowdhury	Chief executive officer & director of the investment adviser	1 Dec 2005	Other	1770083
Timothy Charles Scheve	Director of the investment adviser	1 Dec 2005	Other	1319072
Hugh Moir	Director for the investment adviser	1 Dec 2005	Other	5104603
Aquico Tzu Wen	Senior investment officer for the investment adviser	1 Dec 2005	Other	5104609
Christina Grove	Chief legal officer for the investment adviser	1 Jan 2006	Other	5104601

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Salomon Brothers Holding Company Inc.	100 % shareholder	1 May 1993	75% - 100%	13-3240203
Citigroup Financial Products Inc.	100 % shareholder	1 May 1993	75% - 100%	13-3240203
Citigroup Inc.	100 % shareholder	1 Nov 1997	75% - 100%	52-1568099
Salomon Smith Barney Holdings Inc.	100% shareholder	1 Nov 1997	75% - 100%	11-2418067
Citigroup Global Markets Holdings Inc.	100% shareholder	1 Nov 1997	75% - 100%	11-2418067
Lm International Holding Lp	100% shareholder	1 Dec 2005	75% - 100%	98-0451594
Llc Legg Mason International Holdings Ii	99.99% shareholder	1 Dec 2005	75% - 100%	20-3784387
Legg Mason Inc	100% shareholder	1 Dec 2005	75% - 100%	52-1200960

Based in London

The principal office where Citigroup Asset Management Limited performs its advisory services is located at Citigroup Centre, Canada Square, London, E14 5 Lb, 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 7500 5911 or by fax 44 20 7500 2117. The normal business hours are 8am-6pm on Monday - Friday. You can find more information about the New York firm at www.citigroupam.com.