Overview
A. Firm description
Argyle Street Management Limited was incorporated in the British Virgin
Islands on December 28, 2001. It commenced investment advisory business in
Hong Kong in 2002.
ASM is currently 100% owned by Argyle Street Management Holdings Limited
(“ASMH”), a company incorporated in the British Virgin Islands. The principal
owners of ASMH are Mr. Kin Chan and Mr. V-Nee Yeh.
B. Types of advisory services offered
ASM primarily provides investment advisory services in the strategy of special
situation investments and private credit in Asia, amongst other strategies. ASM
manages, on a discretionary basis, portfolios for clients and pooled investment
vehicles (“funds”) (and collectively “Accounts”). ASM services are based on,
among other factors, the investment objective, mandate, risk tolerance and
liquidity requirement of each
Account. ASM may direct the Accounts to invest
in equities, loans, bonds, derivatives and alternative investments, both public
and private, and through primary or secondary markets.
C. Details of advisory services to clients
ASM invests its client’s funds in a portfolio of suitable investments in
accordance with the client’s investment mandate. Certain clients may impose
restrictions for example on investing in certain securities or types of securities.
In those circumstances, ASM closely monitors and follows the restrictions in
constructing the portfolio for such clients.
D. Wrap fee programs
ASM does not offer wrap fee programs.
E. Client assets
Amount of discretionary and non-discretionary client assets at market value as
of January 31, 2024:
Discretionary client assets: US$2,073,900,000
Non-discretionary client assets: Nil