Goldman Sachs Asset Management (Singapore) Pte. Ltd. (Singapore)

Name: Goldman Sachs Asset Management (Singapore) Pte. Ltd.
Address: 1 Raffles Link, Singapore, 039393
Telephone: (65) 6889 1000

Goldman Sachs Asset Management (Singapore) Pte. Ltd. is an adviser based in Singapore. It manages $966.52 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2017.

Goldman Sachs Asset Management (Singapore) Pte provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Goldman Sachs Asset Management (Singapore) Pte: assets under management

The assets under management (AUM) of Goldman Sachs Asset Management (Singapore) Pte. Ltd. is $966.52 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -7% since the beginning of its operation, and $966.52 million of the total AUM is attributable to clients outside of the United States.

The firm manages $966.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $107.39 million each.

Investments

The firm invests in government bonds the most. They account for 46% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 17% of the firm’s portfolio. Investments in sovereign bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Goldman Sachs 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.

What kind of clients Kyuhyon Nmn Ohn serves?

The firm provides services to insurance companies, pooled investment vehicles, and sovereign wealth funds and foreign official institutions. The largest group of clients of Kyuhyon Nmn Ohn is sovereign wealth funds and foreign official institutions with 3 clients and $872.6 million of assets under management. Among the 10 most similar advisory firms, Goldman Sachs Asset Management (Singapore) Pte has the highest percentage of sovereign wealth funds and foreign official institutions out of all clients.

The amount of regulatory assets under management is $966.52 million for 7 clients. 100% of the firm’s clients are foreign persons or businesses.

Goldman Sachs Asset Management (Singapore) Pte doesn't advise any private funds.

Careers at Goldman Sachs Asset Management (Singapore) Pte. Ltd.

The company employs 41 people that are either part- or full-time employees. 85 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kyuhyon Nmn Ohn has been acting as President since 1 Nov 2013. Tuan Nmn Lam joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Goldman Sachs Asset Management International Holdings L.L.C.	Shareholder	1 Nov 2013	75% - 100%	46-4077740
Kyuhyon Nmn Ohn	Director	1 Nov 2013	Other	6839717
Sheila Harilal Patel	Chief executive officer, director	1 Nov 2013	Other	2270687
Hung Ke Nmn Lee	Director	1 Feb 2016	Other	6839718
Hung Ke Lee	Director	1 Feb 2016	Other	6839718
Judith Leah Shandling	Chief compliance officer - us matters	1 Aug 2016	Other	5775386
Sze Ming Chan	Chief executive officer, director	1 Dec 2017	Other	6884970
Tuan Nmn Lam	Director	1 Jul 2018	Other	6846778
Richard Neil Lamming	Director	1 Jul 2018	Other	7045994
Tuan Lam	Director	1 Jul 2018	Other	6846778

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Goldman Sachs Asset Management	Member	1 Feb 2016	75% - 100%	107738
Gsam Holdings Llc	Member	1 Feb 2016	25% - 50%	13-4019460
The Goldman Sachs Group Inc.	Member	1 Feb 2016	75% - 100%	13-4019460

Based in Singapore

The principal office where Goldman Sachs Asset Management (Singapore) Pte. Ltd. performs its advisory services is located at 1 Raffles Link, Singapore, 039393, 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) 6889 1000 or by fax +65 6889 3693. The normal business hours are 9:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at gscio.com and its LinkedIn profile.