{"url":"https://nivawealth.com/firms/principal-asset-management-company-asia-limited-322390","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/322390","regulatoryAum":14380880456,"crd":"322390","secFileNumber":"801-126155","legalName":"Principal Asset Management Company (asia) Limited","displayName":"Principal Asset Management Company (asia) Limited","website":null,"linkedinUrl":"https://www.linkedin.com/company/principalhongkong/posts/?feedView=all","founded":null,"organization":"corporation organized in Hong Kong","fiscalYearEnd":"December","headquarters":{"street":"29/F, Sun Hung Kai Centre, 30 Harbour Road","city":"Wanchai","state":"","stateName":"","country":"Hong Kong","postalCode":null},"tradeNames":[],"registration":{"secApproved":"22 July 2022","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":39,"advisory":30,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":13558514231,"discretionaryAccounts":23,"nonDiscretionary":822366225,"nonDiscretionaryAccounts":12,"wrapProgram":null,"nonUsClientsPct":100,"nonAumClients":0},"clientTypes":[{"label":"Banking or thrift institutions","clients":1,"regulatoryAum":1988172604},{"label":"Investment companies","clients":10,"regulatoryAum":222133659},{"label":"Pooled investment vehicles","clients":14,"regulatoryAum":11493589780},{"label":"Pension and profit-sharing plans","clients":8,"regulatoryAum":383865628},{"label":"Sovereign wealth funds and foreign official institutions","clients":1,"regulatoryAum":242779698},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":50339087}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Citibank NA","shortName":"Citibank NA","location":"New York, NY","smaAssets":848976203}],"custodyNote":"Principal Asset Management Company (asia) Limited does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Kamal Bhatia","title":"President & CEO, Principal Asset Management","crd":"4933060"},{"name":"Thomas CHEONG","title":"Executive Vice President, Principal Asia","crd":"8062072"},{"name":"John Egan","title":"Chief Financial Officer","crd":"2278580"},{"name":"Justin Lange","title":"Chief Compliance Officer","crd":"7638768"},{"name":"George Djurasovic","title":"General Counsel","crd":"4228028"},{"name":"Phillip Saran","title":"Director","crd":"7579097"},{"name":"Raj Singh","title":"Director","crd":"7981502"},{"name":"Yo-Hann Tan","title":"Director","crd":"8062914"},{"name":"Alan Wang","title":"Hong Kong China Equities MD & CIO","crd":"8062897"},{"name":"Barbara Wenig","title":"Chief Business Officer","crd":"5412981"},{"name":"Rongsa Zhong","title":"Director","crd":"7719831"}],"ownership":[{"label":"Principal International (asia) Limited","detail":"Sole shareholder in the 75% or more ownership band and a control person, since December 1997."},{"label":"Principal Financial Group, Inc","detail":"Indirect owner: a sole shareholder of Principal Financial Services Inc in the 75% or more band and a control person, since December 1997.","parent":"Principal Financial Services Inc"},{"label":"Principal Financial Services Inc","detail":"Indirect owner: a sole shareholder of Principal International LLC in the 75% or more band and a control person, since December 1997.","parent":"Principal International LLC"},{"label":"Principal International LLC","detail":"Indirect owner: a sole shareholder of Principal International (asia) Limited in the 75% or more band and a control person, since December 1997.","parent":"Principal International (asia) Limited"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"85228271628","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":38},{"label":"Investment grade corporate bonds","percent":10},{"label":"Non-investment grade corporate bonds","percent":8},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":25},{"label":"Cash and cash equivalents","percent":19}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/322390/PDF/322390.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Principal Asset Management Company (asia) Limited have?","answer":"Principal Asset Management Company (asia) Limited has 35 clients and manages $14.4 billion for them, as of March 2026. They include 14 pooled investment vehicles, 10 investment companies and 8 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Principal Asset Management Company (asia) Limited offer?","answer":"Principal Asset Management Company (asia) Limited provides 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Principal Asset Management Company (asia) Limited use?","answer":"Principal Asset Management Company (asia) Limited’s separately managed account assets are held at Citibank NA (New York, NY), with $848,976,203. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Principal Asset Management Company (asia) Limited have?","answer":"Principal Asset Management Company (asia) Limited has 0 investment adviser representatives registered with state securities authorities, out of 39 employees, and 30 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Principal Asset Management Company (asia) Limited invest in?","answer":"At the end of its last fiscal year, Principal Asset Management Company (asia) Limited’s separately managed accounts held 38% exchange-traded equities, 25% pooled vehicles (private funds and similar), 19% cash and equivalents, 10% investment grade corporate bonds and 8% 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Principal Asset Management Company (asia) Limited?","answer":"Principal Asset Management Company (asia) Limited is owned through a chain of holding companies by Principal Financial Group, Inc. Its direct owner is Principal International (asia) Limited (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Principal Asset Management Company (asia) Limited get paid?","answer":"Principal Asset Management Company (asia) Limited is paid through a percentage of assets under management, fixed fees and performance-based fees. 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}