Nikko Asset Management Europe Ltd (London)

Name: Nikko Asset Management Europe Ltd
Address: 1 London Wall, London, Ec2 Y 5 Ad
Telephone: INTL + 44 203 702 1039

Nikko Asset Management Europe Ltd is a large advisory firm based in London. It manages $19.19 billion of regulatory assets for 72 client accounts. It has been registered with the SEC as an adviser since 2006.

Nikko Asset Management Europe 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.

Nikko Asset Management Europe: assets under management

The assets under management (AUM) of Nikko Asset Management Europe Ltd is $19.19 billion. The firm's AUM has grown by 139% since the beginning of its operation, and $19.18 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $18.84 billion in discretionary accounts and $356.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $273 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $118.73 million.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 3% of the firm’s portfolio. Investments in sovereign bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nikko Asset Management Europe Ltd for their services and products based on fixed fees 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 Andrew Ross Long serves?

The firm provides services to insurance companies, other investment advisers, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Andrew Ross Long is pooled investment vehicles with 60 clients and $13.48 billion of assets under management. Among the 12 most similar advisory firms, Nikko Asset Management Europe has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $19.19 billion for 72 clients. 95% of the firm’s clients are foreign persons or businesses.

Nikko Asset Management Europe also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Nikko Asset Management Europe Ltd

The company employs 74 people that are either part- or full-time employees. 20 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 2 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.

Andrew Ross Long has been acting as President since 1 Apr 2014. Stuart Leigh Kinnersley has served as the Chief Investment Officer since 1 Feb 1998 and John David Howland Jackson is the Chief Executive Officer of Nikko Asset Management Europe Ltd family office. Kunihiro Asai joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stuart Leigh Kinnersley	Chief executive officer/chief investment officer	1 Feb 1998	Other	4391369
Nikko Am Global Holdings Limited	Shareholder	1 Mar 1998	75% - 100%	foreign entity
Nikko Global Asset Management Limited	Shareholder	1 Mar 1998	75% - 100%	foreign entity
Michael John Cieran Mulholland	Chief compliance officer / finance director	1 Mar 2005	Other	4391367
Philip Henri Hanssens	Chief compliance officer	1 Sep 2006	Other	5231648
Charles Beazley	Chief executive officer	1 Nov 2006	Other	4938575
Michel De Carvalho	Non-executive director	1 Nov 2007	Other	5468793
Michael De Carvalho	Director	1 Nov 2007	Other	5468793
Charles Michael Metcalfe	Director, chief executive officer	1 Nov 2010	Other	1281505
Michael John Cieran Mulholland	Ceo & coo	1 Apr 2014	Other	4391367
Andrew Ross Long	Director	1 Apr 2014	Other	6223921
David Jonathan Semaya	Director	1 Apr 2014	Other	1807547
Katie Marie Holt	Chief compliance officer	1 Sep 2014	Other	4467463
Michael John Cieran Mulholland	Chief financial officer	1 Apr 2016	Other	4391367
Udo Von Werne	Chief executive officer	1 Apr 2016	Other	6665813
John David Howland Jackson	Non executive director	1 Sep 2016	Other	6717772
Junichi Sayato	Executive director	1 Feb 2017	Other	6528352
Katie Christensen	Chief compliance officer	1 May 2017	Other	6819863
John David Howland Jackson	Chief executive officer	1 Jan 2018	Other	6717772
Takashi Kurosawa	Director	1 May 2018	Other	4667047
David Anthony Cruise	Director	1 Sep 2018	Other	7147855
Carl Allan Baldwin	Chief compliance officer	1 Feb 2019	Other	4757852
Kunihiro Asai	Director	1 Apr 2019	Other	7147856

Indirect Owners

The SEC currently registers 18 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Nikko Cordial Corporation	Shareholder	1 Mar 1984	75% - 100%	foreign entity
Ltd. Nikko Asset Management Co.	Shareholder	1 Apr 1999	75% - 100%	foreign entity
Nam Holdings Inc	Shareholder	1 Mar 2004	25% - 50%	foreign entity
Nikko Principal Investments Japan Ltd	Shareholder	1 Mar 2004	25% - 50%	foreign entity
Nam Holdings Inc.	Shareholder	1 Mar 2004	25% - 50%	foreign entity
Citigroup Inc.	Shareholder	1 Feb 2007	75% - 100%	52-1568099
Citigroup Japan Investments Llc	Shareholder	1 May 2007	50% - 75%	foreign entity
Citigroup Japan Holdings Yk	Shareholder	1 Aug 2007	50% - 75%	foreign entity
Citigroup Inc.	Shareholder	1 Aug 2007	75% - 100%	52-1568099
Citigroup Japan Holdings Ltd	Shareholder	1 Aug 2007	50% - 75%	foreign entity
Nikko Citi Holdings Inc.	Shareholder	1 May 2008	75% - 100%	foreign entity
Nikko Citi Holdings Inc.	Shareholder	1 Jun 2009	75% - 100%	foreign entity
Nikko Citi Nam Holdings G.K.	Shareholder	1 Jun 2009	50% - 75%	foreign entity
Nam Investment Holdings G.K.	Shareholder	1 Jun 2009	50% - 75%	foreign entity
Ltd. The Sumitomo Trust And Banking Co.	Shareholder	1 Oct 2009	75% - 100%	foreign entity
Inc. Sumitomo Mitsui Trust Holdings	Shareholder	1 Apr 2011	75% - 100%	foreign entity
Limited Sumitomo Mitsui Trust Bank	Shareholder	1 Apr 2012	75% - 100%	foreign entity
Inc. Sumitomo Mitsui Trust Holdings	Shareholder	1 Apr 2012	75% - 100%	foreign entity

Based in London

The principal office where Nikko Asset Management Europe Ltd performs its advisory services is located at 1 London Wall, London, Ec2 Y 5 Ad, 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 INTL + 44 203 702 1039 or by fax INTL + 44 20 7796 9816. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at nikkoam.com/english.