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Blackrock Asset Management North Asia Limited

SEC-registered adviser since 2012Hong Kong, ChinaCRD 165482

74
Clients
108
Advisory staff

From Form ADV filed 25 September 2026 · data retrieved 15 October 2026SEC record

Blackrock Asset Management North Asia Limited is an investment adviser headquartered in Hong Kong, China, and registered with the SEC since 2012. Its clients include pooled investment vehicles, sovereign wealth funds and foreign official institutions, and pension and profit-sharing plans.

Its services include portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. Fee arrangements include a percentage of assets under management, performance-based fees and other arrangements. Blackrock HK Holdco Limited owns 75% or more of Blackrock Asset Management North Asia Limited.

Clients

Blackrock Asset Management North Asia Limited serves 74 clients, 28 of them pooled investment vehicles. The average client has about $1.90 billion with the firm.

Regulatory assets by client type
  • Pooled investment vehicles28 clients49%
  • Pension and profit-sharing plans11 clients10%
  • Sovereign wealth funds and foreign official institutions17 clients36%
  • OtherBanking or thrift institutions, Investment companies, Insurance companies, Corporations and other businesses5%
Show client breakdown
Banking or thrift institutions
Clients
5
Regulatory AUM
$1,597,088,544
Share
1.1%
Avg. per client
$319.4M
Investment companies
Clients
2
Regulatory AUM
$2,037,167,380
Share
1.5%
Avg. per client
$1.02B
Pooled investment vehicles
Clients
28
Regulatory AUM
$68,890,730,334
Share
49.1%
Avg. per client
$2.46B
Pension and profit-sharing plans
Clients
11
Regulatory AUM
$13,763,449,597
Share
9.8%
Avg. per client
$1.25B
Insurance companies
Clients
6
Regulatory AUM
$2,531,642,414
Share
1.8%
Avg. per client
$421.9M
Sovereign wealth funds and foreign official institutions
Clients
17
Regulatory AUM
$50,170,361,008
Share
35.8%
Avg. per client
$2.95B
Corporations and other businesses
Clients
5
Regulatory AUM
$1,259,928,495
Share
0.9%
Avg. per client
$252.0M

Total

Clients
74
Regulatory AUM
$140,250,367,772
Share
100%
Avg. per client
$1.90B

What it does

Blackrock Asset Management North Asia Limited provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, performance-based fees and other arrangements.

Blackrock Asset Management North Asia Limited advises 11 private funds.

100.0% of assets ($140.25B across 388 accounts) are managed with discretion. 93% of clients are outside the U.S., and 11 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks75%
  • Funds5%
    • Pooled vehicles4%
    • Registered funds1%
  • Bonds10%
    • U.S. government and agency bonds4%
    • Investment grade corporate bonds4%
    • Sovereign bonds2%
  • Cash2%
  • Other8%
    • Derivatives7%
    • Other asset types are generally structured products, alternatives, loans and delisted securities1%

Custodians

Blackrock Asset Management North Asia Limited’s client accounts are held mainly at J.P. Morgan, with 21% of managed assets, and JPM Chase - Sydney, with 18%. Blackrock Asset Management North Asia Limited does not have custody of client assets.

Managed account assets by custodian
  • Northern Trust SingaporeNorthern Trust Singapore · Singapore · $13.97B10%
  • JPM Chase - SydneyJPM Chase - Sydney · Sydney · $24.91B18%
  • J.P. MorganJP Morgan Chase Bank N.A./Sydney · Sydney · $29.12B21%
  • All other custodians$72.25B52%

Ownership and leadership

Blackrock HK Holdco Limited owns 75% or more of Blackrock Asset Management North Asia Limited.

Who owns the firm
Blackrock Asset Management North Asia Limited· the adviser
  • Blackrock HK Holdco Limited

    Control person · since December 2009

    Owns 75% or more of Blackrock Asset Management North Asia Limited

Leadership

  • Kevin Liu
    Chief Compliance Officer and Managing Director
  • Susan Chan
    Director
  • Andrew Landman
    Director
  • Hiroyuki Shimizu
    Director
  • Tomoko Ueda
    Director

Staff

  • 508 employees
  • 108 in advisory functions

Fees

Blackrock Asset Management North Asia Limited is paid through a percentage of assets under management, performance-based fees and other.

Blackrock Asset Management North Asia Limited’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Blackrock Asset Management North Asia Limited has 0 offices, with 1 listed address with no US state reported.

Registration details

Legal name
Blackrock Asset Management North Asia Limited
Headquarters
16/F Champion Tower, 3 Garden Road, Central, Hong Kong, China
SEC file
801-77343
Structure
corporation organized in Hong Kong
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Blackrock Asset Management North Asia Limited have?

Blackrock Asset Management North Asia Limited has 74 clients and manages $140.3 billion for them, as of September 2026. They include 28 pooled investment vehicles, 17 sovereign wealth funds and foreign official institutions and 11 pension and profit-sharing plans.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026

What services does Blackrock Asset Management North Asia Limited offer?

Blackrock Asset Management North Asia Limited provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Blackrock Asset Management North Asia Limited use?

Blackrock Asset Management North Asia Limited’s separately managed account assets are held at JP Morgan Chase Bank N.A./Sydney (Sydney), with $29,122,472,429, JPM Chase - Sydney (Sydney), with $24,908,048,012 and Northern Trust Singapore (Singapore), with $13,965,822,716. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026

How many financial advisors does Blackrock Asset Management North Asia Limited have?

Blackrock Asset Management North Asia Limited has 0 investment adviser representatives registered with state securities authorities, out of 508 employees, and 108 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Blackrock Asset Management North Asia Limited invest in?

At the end of its last fiscal year, Blackrock Asset Management North Asia Limited’s separately managed accounts held 75% exchange-traded equities, 7% derivatives, 4% U.S. government and agency bonds, 4% investment grade corporate bonds, 4% pooled vehicles (private funds and similar), 2% sovereign bonds, 2% cash and equivalents, 1% registered funds (mutual funds, ETFs, BDCs) and 1% other asset types are generally structured products, alternatives, loans and delisted securities. It advises 11 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Blackrock Asset Management North Asia Limited?

Blackrock Asset Management North Asia Limited is owned through a chain of holding companies by Blackrock, Inc. Its direct owner is Blackrock HK Holdco Limited (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026

How does Blackrock Asset Management North Asia Limited get paid?

Blackrock Asset Management North Asia Limited is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 25 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 165482.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Blackrock Asset Management North Asia Limited and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.