Blackrock (Singapore) Limited is a large advisory firm based in Singapore. It manages $19.73 billion of regulatory assets for 70 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Blackrock (Singapore) Limited provides 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.
The assets under management (AUM) of Blackrock (Singapore) Limited is $19.73 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 726% since the beginning of its operation, and $19.06 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Blackrock (Singapore) 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.
The firm provides services to insurance companies, investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Michael Timothy Marquardt is pooled investment vehicles with 15 clients and $11.88 billion of assets under management. Among the 9 most similar advisory firms, Blackrock (Singapore) Limited has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $14.18 billion for 37 clients. 91% of the firm’s clients are foreign persons or businesses.
Blackrock (Singapore) Limited also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 85 people that are either part- or full-time employees. 42 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.
Michael Timothy Marquardt has been acting as President since 1 Jan 2010. Deborah Joanne Ho joined the executive team most recently as the Chief Executive Officer.
The principal office where Blackrock (Singapore) Limited performs its advisory services is located at Twenty Anson, 20 Anson Road, Singapore, 079912, 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 65 6411 3000. The normal business hours are 9:00am to 6:00pm on Monday - Friday. You can find more information about the New York firm at blackrock.com.