T.Rowe Price Hong Kong Limited (Central)

Name: T.Rowe Price Hong Kong Limited
Address: 6/F Chater House, Central
Telephone: 011-852-2536-7800

T.Rowe Price Hong Kong Limited is a large advisory firm based in Central. It manages $5.74 billion of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Maryland.

T.Rowe Price Hong Kong Limited provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

T.Rowe Price Hong Kong Limited: assets under management

The assets under management (AUM) of T.Rowe Price Hong Kong Limited is $5.74 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and $1.4 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.74 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $249.72 million each.

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 T.Rowe Price Hong Kong 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 Christopher David Alderson serves?

The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Christopher David Alderson is investment companies with 7 clients and $4.11 billion of assets under management. Among the 9 most similar advisory firms, T.Rowe Price Hong Kong Limited has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $5.74 billion for 23 clients. 39% of the firm’s clients are foreign persons or businesses.

T.Rowe Price Hong Kong Limited also advises several private funds.

Careers at T.Rowe Price Hong Kong Limited

The company employs 106 people that are either part- or full-time employees. 41 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 7 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.

Christopher David Alderson has been acting as President since 1 Jan 2011. Nicholas Scott Trueman joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher David Alderson	Director	1 Jan 2011	Other	2335270
Jeremy M Mi Only Fisher	Chief compliance officer	1 Jan 2011	Other	5401387
David Nmn Oestreicher	Chief legal counsel	1 Jan 2011	Other	4594569
Timothy Scott Dignan	Treasurer	1 Jan 2011	Other	4723631
Inc. T. Rowe Price Associates	Direct owner	1 Jan 2011	75% - 100%	52-0556948
Christine Nmn To	Director	1 Jan 2011	Other	5870323
Jeremy M Fisher	Chief compliance officer	1 Jan 2011	Other	5401387
David Oestreicher	Chief legal counsel	1 Jan 2011	Other	4594569
Kitty Chau	Secretary	1 Jan 2011	Other	5753766
T. Rowe Price Group	Direct owner	1 Jan 2011	75% - 100%	52-2264646
Christine To	Director	1 Jan 2011	Other	5870323
Kitty Nmn Chau	Secretary	1 Jan 2011	Other	5753766
Keswaral Nmn Visuvalingham	Director	1 Feb 2012	Other	5870321
Larry Ming To Siu	Secretary	1 Aug 2012	Other	6165520
Scott E Keller	Director	1 Jan 2015	Other	6414432
Ernest Szehang Yeung	Director	1 Nov 2015	Other	3174882
Nicholas Scott Trueman	Director	1 Jan 2019	Other	7090925

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. T. Rowe Price Group	Indirect owner	1 Jan 2011	75% - 100%	52-2264646

Based in Central

The principal office where T.Rowe Price Hong Kong Limited performs its advisory services is located at 6/F Chater House, Central, , 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 011-852-2536-7800 or by fax 011-852-2536-7820. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at troweprice.com.