Csop Asset Management Limited (Hong Kong)


Csop Asset Management Limited is an investment adviser to an investment company based in Hong Kong. It manages $5.49 billion of regulatory assets for 52 client accounts. It has been registered with the SEC as an adviser since 2014.

Csop Asset Management Limited provides portfolio management for individuals and small businesses, 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.

Csop Asset Management Limited: assets under management

The assets under management (AUM) of Csop Asset Management Limited is $5.49 billion. The firm's AUM has gone down by -3% since the beginning of its operation, and $5.45 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.87 billion in discretionary accounts and $619.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $99.39 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $206.51 million.
Csop Asset Management Limited has custody of $29.51 million in cash and securities for 3 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 Csop 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.

What kind of clients Gaobo Zhang serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Gaobo Zhang is pooled investment vehicles with 35 clients and $4.67 billion of assets under management. Among the 11 most similar advisory firms, Csop Asset Management Limited has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.68 billion for 37 clients. 96% of the firm’s clients are foreign persons or businesses.

Csop Asset Management Limited doesn't advise any private funds.

Careers at Csop Asset Management Limited

The company employs 68 people that are either part- or full-time employees. 9 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.

Gaobo Zhang has been acting as President since 1 Feb 2008. Liu Nmn Zhiwei joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gaobo Zhang Director 1 Feb 2008 Other 6292453
Changkui Qin Director 1 Apr 2008 Other 6292451
Op Financial Investments Limited Shareholder 1 Jul 2008 25% - 50% n/a
China Southern Asset Management Co. Ltd. Shareholder 1 Jul 2008 50% - 75% n/a
Benoit Descoureux Director 1 Dec 2008 Other 6292454
Guolu Qiu Director 1 Mar 2010 Other 4339454
Wenge Bao Director 1 Jul 2010 Other 6292449
Zhihua Wang Deputy chief information officer 1 Aug 2010 Other 6292461
Lucia Kit Chu Chan Chief compliance officer 1 Aug 2011 Other 6292457
Chen Ding Chief executive officer 1 Feb 2013 Other 4376427
Liangyu Gao Shareholder, chairman 1 Sep 2013 Other 6288515
Cai Zhongping Director 1 Apr 2014 Other 6459756
Li Haipeng Director 1 Apr 2014 Other 6459757
Yang Xiaosong Director 1 Apr 2014 Other 6459755
Raymond Wai Chief compliance officer 1 Apr 2014 Other 6459752
Kaison Luk Chief operation officer 1 Sep 2014 Other 6460307
Michelle Wong Chief compliance officer, chief legal officer 1 Oct 2014 Other 6460306
Zengtao Wu Director 1 Apr 2015 Other 6620724
Baker Gang Zhou Chief financial officer 1 Jul 2015 Other 6760774
Baker Zhou Chief financial officer 1 Jul 2015 Other 6760774
Randall Hobbs Chief operation officer 1 Jan 2016 Other 5075441
Choe Yong Nmn Ng Coo 1 May 2017 Other 6932551
Liu Nmn Zhiwei Director 1 Nov 2017 Other 6888853
Zhou Nmn Yi Director 1 Nov 2017 Other 6888860
Yang Nmn Xiaosong Director 1 Nov 2017 Other 6459755
Liu Nmn Xiuyan Director 1 Nov 2017 Other 6888862

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ltd. Huatai Securities Co. Shareholder 1 Apr 2008 25% - 50% foreign
Ltd. Shenzhen Investment Holdings Co. Shareholder 1 Apr 2008 25% - 50% foreign
Ottness Investments Limited Shareholder 1 Apr 2008 25% - 50% foreign
Oriental Patron Financial Group Limited Shareholder 1 Apr 2008 75% - 100% foreign
Gaobo Zhang Shareholder 1 Apr 2008 25% - 50% 6292453
Zhi Ping Zhang Shareholder 1 Apr 2008 50% - 75% 6293594
Shenzen Municipal People's Government State Owned Asset Supervision And Administrative Commission Shareholder 1 Apr 2008 75% - 100% foreign

Based in Hong Kong

The principal office where Csop Asset Management Limited performs its advisory services is located at 2801 2803, 3303 3304, Two Exchange Square, 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 3406-5652 or by fax 852 3406-5619. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at csopasset.com.

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