{
  "crd_number": 109189,
  "slug": "aps-asset-management-pte-ltd-singapore-109189",
  "primary_business_name": "APS ASSET MANAGEMENT PTE LTD",
  "legal_name": "APS ASSET MANAGEMENT PTE LTD",
  "dbas": [],
  "city": "Singapore",
  "state": null,
  "country": "Singapore",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1999-01-22",
  "years_registered": 27,
  "period": "2026-10-01",
  "filing_date": "2026-03-18",
  "carried_forward": false,
  "raum_total": 2225901406.0,
  "raum_discretionary": 2225901406.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 39,
  "advisory_employees": 17,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 650992992.0,
      "count": 6
    },
    "sovereign_wealth_foreign_official": {
      "raum": 1574908414.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://aps.com.sg",
    "https://sg.linkedin.com/company/aps-asset-management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109189",
  "city_as_filed": "SINGAPORE",
  "url": "https://advisorcensus.com/firm/aps-asset-management-pte-ltd-singapore-109189",
  "display_name": "APS Asset Management Pte Ltd",
  "summary": "APS Asset Management Pte Ltd is an SEC-registered investment advisory firm in Singapore, Singapore, registered since 1999, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.",
  "citation": "AdvisorCensus. APS Asset Management Pte Ltd (CRD 109189): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is APS Asset Management Pte Ltd compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), APS Asset Management Pte Ltd reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is APS Asset Management Pte Ltd located?",
      "a": "APS Asset Management Pte Ltd's principal office is in Singapore, Singapore, according to its Form ADV."
    },
    {
      "q": "Is APS Asset Management Pte Ltd registered with the SEC or a state?",
      "a": "APS Asset Management Pte Ltd is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 109189."
    },
    {
      "q": "How much does APS Asset Management Pte Ltd manage?",
      "a": "APS Asset Management Pte Ltd reports $2,225,901,406 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary)."
    },
    {
      "q": "How have APS Asset Management Pte Ltd's assets and staff changed since 2021?",
      "a": "In the Form ADV data for APS Asset Management Pte Ltd: Regulatory assets under management: $1,931,513,389 in the October 2021 data and $2,225,901,406 in the October 2026 data, up 15%. Total employees: 50 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does APS Asset Management Pte Ltd serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6)."
    },
    {
      "q": "Which custodians does APS Asset Management Pte Ltd use?",
      "a": "APS Asset Management Pte Ltd's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank N.A as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does APS Asset Management Pte Ltd report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/109189"
    },
    {
      "q": "What changed in APS Asset Management Pte Ltd's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 15 to 17. Regulatory assets under management went from $1,768,827,792 to $2,225,901,406 (+26%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1931513389.0,
      "total_employees": 50,
      "filing_date": "2021-09-06"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2095769874.0,
      "total_employees": 45,
      "filing_date": "2022-09-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2446461819.0,
      "total_employees": 40,
      "filing_date": "2023-02-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1544573577.0,
      "total_employees": 41,
      "filing_date": "2024-08-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1768827792.0,
      "total_employees": 37,
      "filing_date": "2025-04-08"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2225901406.0,
      "total_employees": 39,
      "filing_date": "2026-03-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 15 to 17.",
        "Regulatory assets under management went from $1,768,827,792 to $2,225,901,406 (+26%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Citibank N.A",
      "name_as_filed": "CITIBANK N.A",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/aps-asset-management-pte-ltd-singapore-109189.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 650992992.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 1574908414.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109189",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}