Clients
Goldman Sachs Asset Management (hong Kong) Limited serves 81 clients, 45 of them insurance companies. The average client has about $262 million with the firm.
- Pooled investment vehicles10 clients10%
- Insurance companies45 clients75%
- Sovereign wealth funds and foreign official institutions1 clients6%
- Corporations and other businesses5 clients7%
- OtherPension and profit-sharing plans, Charitable organizations2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 10 | $2,206,295,539 | 10.4% | $220.6M |
| Pension and profit-sharing plans | 2 | $283,258,508 | 1.3% | $141.6M |
| Charitable organizations | 18 | $54,139,262 | 0.3% | $3.01M |
| Insurance companies | 45 | $15,832,322,294 | 74.7% | $351.8M |
| Sovereign wealth funds and foreign official institutions | 1 | $1,333,970,692 | 6.3% | $1.33B |
| Corporations and other businesses | 5 | $1,479,489,101 | 7.0% | $295.9M |
| Total | 81 | $21,189,475,396 | 100% | $261.6M |
- Clients
- 10
- Regulatory AUM
- $2,206,295,539
- Share
- 10.4%
- Avg. per client
- $220.6M
- Clients
- 2
- Regulatory AUM
- $283,258,508
- Share
- 1.3%
- Avg. per client
- $141.6M
- Clients
- 18
- Regulatory AUM
- $54,139,262
- Share
- 0.3%
- Avg. per client
- $3.01M
- Clients
- 45
- Regulatory AUM
- $15,832,322,294
- Share
- 74.7%
- Avg. per client
- $351.8M
- Clients
- 1
- Regulatory AUM
- $1,333,970,692
- Share
- 6.3%
- Avg. per client
- $1.33B
- Clients
- 5
- Regulatory AUM
- $1,479,489,101
- Share
- 7.0%
- Avg. per client
- $295.9M
Total
- Clients
- 81
- Regulatory AUM
- $21,189,475,396
- Share
- 100%
- Avg. per client
- $261.6M
What it does
Goldman Sachs Asset Management (hong Kong) Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and educational seminars. It is paid through a percentage of assets, performance-based fees and other arrangements.
Goldman Sachs Asset Management (hong Kong) Limited provided financial planning to 0 clients last fiscal year and advises no private funds.
100.0% of assets ($21.19B across 81 accounts) are managed with discretion. 100% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks7%
- Funds19%
- Bonds72%
- Investment grade corporate bonds67%
- State and local bonds2%
- Sovereign bonds2%
- High-yield corporate bonds1%
- Other2%
- Other bucket includes - repos, receivables, certain structured products and reg aum associated with certain externally managed separate accounts2%
Custodians
Goldman Sachs Asset Management (hong Kong) Limited’s client accounts are held mainly at BNP Paribas Trust Services Singapore Limited, with 29% of managed assets, and Citibank, N.A., with 27%. Goldman Sachs Asset Management (hong Kong) Limited does not have custody of client assets.
- BNP Paribas Trust Services Singapore LimitedBNP Paribas Trust Services Singapore Limited · Singapore · $6.07B29%
- Citibank, N.A.Citibank, N.A. · New York, NY · $5.81B27%
- State StreetState Street Corporation · Boston, MA · $4.73B22%
- All other custodians$4.57B22%
Ownership and leadership
Goldman Sachs Asset Management International Holdings L.L.C. owns 75% or more of Goldman Sachs Asset Management (hong Kong) Limited.
- Owns 75% or more of Goldman Sachs Asset Management (hong Kong) Limited
Goldman Sachs Asset Management International Holdings L.L.C.
Control person · since April 2015
- Owns 75% or more of Goldman Sachs Asset Management International Holdings L.L.C.
Goldman Sachs Asset Management, L.P.
Control person · since February 2016
- Owns 25% to 50% of Goldman Sachs Asset Management International Holdings L.L.C.
Gsam Holdings LLC
Control person · since February 2016
- Owns 75% or more of Gsam Holdings LLC
The Goldman Sachs Group Inc.
Control person · since February 2016
Leadership
- Judith ShandlingChief Compliance Officer - US Matters
- Ruth GaoDirector
- Alison LauDirector
- Sara LeeDirector
Staff
- 96 employees
- 53 in advisory functions
- 2 broker-dealer reps
Fees
Goldman Sachs Asset Management (hong Kong) Limited is paid through a percentage of assets under management, performance-based fees and other.
Goldman Sachs Asset Management (hong Kong) Limited’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Goldman Sachs Asset Management (hong Kong) Limited has 0 offices, with 1 listed address with no US state reported.
Registration details
- Legal name
- Goldman Sachs Asset Management (hong Kong) Limited
- Headquarters
- 68th Floor Cheung Kong Center, 2 Queen'S Road Central, Central, Hong Kong, China
- Phone
- 85229781000
- Website
- Not reported
- SEC file
- 801-111733
- Structure
- other (specify) 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 Goldman Sachs Asset Management (hong Kong) Limited have?
Goldman Sachs Asset Management (hong Kong) Limited has 81 clients and manages $21.2 billion for them, as of May 2026. They include 45 insurance companies, 18 charitable organizations and 10 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 May 2026
What services does Goldman Sachs Asset Management (hong Kong) Limited offer?
Goldman Sachs Asset Management (hong Kong) Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Goldman Sachs Asset Management (hong Kong) Limited use?
Goldman Sachs Asset Management (hong Kong) Limited’s separately managed account assets are held at BNP Paribas Trust Services Singapore Limited (Singapore), with $6,069,067,251, Citibank, N.A. (New York, NY), with $5,812,610,249 and State Street Corporation (Boston, MA), with $4,734,455,602. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 May 2026
How many financial advisors does Goldman Sachs Asset Management (hong Kong) Limited have?
Goldman Sachs Asset Management (hong Kong) Limited has 0 investment adviser representatives registered with state securities authorities, out of 96 employees, and 53 perform investment advisory functions. 2 are registered representatives of a broker-dealer and 0 are 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 Goldman Sachs Asset Management (hong Kong) Limited invest in?
At the end of its last fiscal year, Goldman Sachs Asset Management (hong Kong) Limited’s separately managed accounts held 67% investment grade corporate bonds, 19% pooled vehicles (private funds and similar), 7% exchange-traded equities, 2% state and local bonds, 2% sovereign bonds, 2% other bucket includes - repos, receivables, certain structured products and reg aum associated with certain externally managed separate accounts and 1% high-yield corporate bonds. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Goldman Sachs Asset Management (hong Kong) Limited?
Goldman Sachs Asset Management (hong Kong) Limited is owned through a chain of holding companies by Goldman Sachs Asset Management, L.P. and the Goldman Sachs Group Inc. Its direct owner is Goldman Sachs Asset Management International Holdings L.L.C. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 May 2026
How does Goldman Sachs Asset Management (hong Kong) Limited get paid?
Goldman Sachs Asset Management (hong Kong) 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