Kotak Mahindra Asset Management (Singapore) Pte. Ltd. is a large advisory firm based in Singapore. It manages $3.44 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2016.
Kotak Mahindra Asset Management (Singapore) Pte 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 Kotak Mahindra Asset Management (Singapore) Pte. Ltd. is $3.44 billion. The firm's AUM has grown by 29% since the beginning of its operation, and $359.97 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Kotak Mahindra Asset Management (Singapore) Pte. Ltd. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Ruchit Puri is pooled investment vehicles with 23 clients and $3.38 billion of assets under management. Among the 10 most similar advisory firms, Kotak Mahindra Asset Management (Singapore) Pte has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.4 billion for 24 clients. 92% of the firm’s clients are foreign persons or businesses.
Kotak Mahindra Asset Management (Singapore) Pte also advises several private funds. Namely, eight other private funds. The minimum investment commitment required of non-related persons ranges from $500 to $250,000.
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Ruchit Puri has been acting as President since 1 Mar 2014. Shyam Kumar Syamasundaran joined the executive team most recently as the Director.
The principal office where Kotak Mahindra Asset Management (Singapore) Pte. Ltd. performs its advisory services is located at 16 Raffles Quay, # 35 02, Singapore, 048581, 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 +6563956970 or by fax +6562213458. The normal business hours are 9 am - 5 pm on Monday - Friday.