Zeal Asset Management Limited (Hong Kong)


Zeal Asset Management Limited is an adviser based in Hong Kong. It manages $1.04 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2011.

Zeal Asset Management 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.

Zeal Asset Management Limited: assets under management

The assets under management (AUM) of Zeal Asset Management Limited is $1.04 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 479% since the beginning of its operation, and $1.04 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.04 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $208.25 million each.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Zeal 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 Zeal Asset Management Limited serves?

The only and largest group of clients of Zeal Asset Management Limited is pooled investment vehicles with 4 clients and $537.12 million of assets under management. Among the 7 most similar advisory firms, Zeal Asset Management Limited has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $537.12 million for 4 clients. 100% of the firm’s clients are foreign persons or businesses.

Zeal Asset Management Limited also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Zeal Asset Management Limited

The company employs 23 people that are either part- or full-time employees. 74 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Zeal Capital Limited Shareholder 1 Aug 2009 75% - 100% foreign entity
Nga Chung Choi Director & chief investment officer 1 Aug 2009 Other 5956379
Chun Pong Poon Director & portfolio manager 1 Aug 2009 Other 5956380
Teresa Wing Kwan Ho Chief compliance officer & chief operating officer 1 Aug 2009 Other 5956383
Chun Pong Daniel Poon Managing director & deputy chief investment officer 1 Aug 2009 Other 5956380
Nga Chung Cho Director & chief investment officer 1 Aug 2009 Other 5956379
Wai Wah Ngan Director & chief executive officer 1 Dec 2009 Other 5276735
Yee Man Chau Director & portfolio manager 1 Sep 2010 Other 5956381
Lai Nga Woo Chief compliance officer 1 Jan 2017 Other 4956174
Chi Ki Hilda Wu Chief operating officer 1 Mar 2017 Other 6769189

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Chun Pong Poon Shareholder 1 Sep 2016 25% - 50% 5956380

Based in Hong Kong

The principal office where Zeal Asset Management Limited performs its advisory services is located at Suite 2605, Tower 1, Lippo Centre, Hong Kong, , 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 85236269700 or by fax 85236269736. The normal business hours are 0900 to 1800 on Monday - Friday. You can find more information about the New York firm at zealasset.com.