Sparx Asset Management Co., Ltd. is a large advisory firm based in Tokyo. It manages $8.54 billion of regulatory assets for 87 client accounts. It has been registered with the SEC as an adviser since 2005.
Sparx Asset Management Co. 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.
Sparx Asset Management Co.: assets under management
The assets under management (AUM) of Sparx Asset Management Co., Ltd. is $8.54 billion. The firm's AUM has grown by 8% since the beginning of its operation, and $7.44 billion of the total AUM is attributable to clients outside of the United States.
The firm manages $8.32 billion in discretionary accounts and $217.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $43.6 million.
Investments
The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Sparx Asset Management Co., Ltd. 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.
What kind of clients Tadahiro Fujimura serves?
The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Tadahiro Fujimura is pooled investment vehicles with 67 clients and $6.08 billion of assets under management. Among the 12 most similar advisory firms, Sparx Asset Management Co. has the 6th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $7.51 billion for 81 clients. 94% of the firm’s clients are foreign persons or businesses.
Sparx Asset Management Co. doesn't advise any private funds.
Careers at Sparx Asset Management Co., Ltd.
The company employs 114 people that are either part- or full-time employees. 27 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.
Tadahiro Fujimura has been acting as President since 1 Jun 2010. Shinji Naito joined the executive team most recently as the Director.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 1 indirect owner.Based in Tokyo
The principal office where Sparx Asset Management Co., Ltd. performs its advisory services is located at Shinagawa Season Terrace 6 Th Floor,, Tokyo, 108 0075, 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 813-6711-9200 or by fax 813-6711-9201. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at sparx.co.jp.
