Principal Asset Management (Asia)
Registered investment adviser · Wanchai · CRD #322390
Form ADV data as of 2026-09-01Regulatory assets
$14.38 billion
Total accounts
35
Employees
39
Disclosure events
2
Firm details
- Website: https://www.facebook.com/principalhongkong/
- Telephone: 852-2827-1628
- SEC file number: 801-126155
- Most recent Form ADV filing: 2026-03-31
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 2 disclosure questions answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $13.56 billion |
| Non-discretionary regulatory assets under management | $822.4 million |
| Total regulatory assets under management | $14.38 billion |
| Discretionary accounts | 23 |
| Non-discretionary accounts | 12 |
| Total accounts | 35 |
| Regulatory assets under management attributable to non-U.S. persons | $14.38 billion |
People
| Total employees (excluding clerical) | 39 |
| Employees performing investment advisory functions (including research) | 30 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 1 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | Yes |
| Number of persons acting as qualified custodians for the firm's clients | 0 |
How the firm is compensated
Advisory services offered
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys securities from or sells securities to advisory clients (principal transactions)
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Executes agency cross transactions involving advisory client securities
- Recommends securities for which it serves as underwriter or general partner
- Recommends securities in which it has another sales interest
- Brokers or dealers selected under 8.C.(3) are related persons
- Recommends brokers or dealers to clients
- Brokers or dealers recommended under 8.E. are related persons
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
- Receives compensation from others for client referrals
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Banking or thrift institutions | 1 | $1.99 billion |
| Investment companies | 10 | $222.1 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 14 | $11.49 billion |
| Pension and profit sharing plans (not the participants or government plans) | 8 | $383.9 million |
| Sovereign wealth funds and foreign official institutions | 1 | $242.8 million |
| Corporations or other businesses not listed above | 1 | $50.3 million |