# Blackrock Asset Management North Asia Limited

> Blackrock Asset Management North Asia Limited is an SEC-registered investment advisory firm in Hong Kong, China, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 165482
- Filed as: BLACKROCK ASSET MANAGEMENT NORTH ASIA LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, China
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/165482
- AdvisorCensus page: https://advisorcensus.com/firm/blackrock-asset-management-north-asia-limited-hong-kong-165482

## Quick answers

**How is Blackrock Asset Management North Asia Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Blackrock Asset Management North Asia Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Blackrock Asset Management North Asia Limited located?**
Blackrock Asset Management North Asia Limited's principal office is in Hong Kong, China, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Blackrock Asset Management North Asia Limited registered with the SEC or a state?**
Blackrock Asset Management North Asia Limited is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 165482.

**How much does Blackrock Asset Management North Asia Limited manage?**
Blackrock Asset Management North Asia Limited reports $140,250,367,772 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).

**How have Blackrock Asset Management North Asia Limited's assets and staff changed since 2021?**
In the Form ADV data for Blackrock Asset Management North Asia Limited: Regulatory assets under management: $79,467,985,853 in the October 2021 data and $140,250,367,772 in the October 2026 data, up 76%. Total employees: 419 in October 2021 and 508 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blackrock Asset Management North Asia Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (28); sovereign wealth funds and foreign official institutions (17); pension and profit sharing plans (but not the plan participants or government pension plans) (11).

**Which custodians does Blackrock Asset Management North Asia Limited use?**
Blackrock Asset Management North Asia Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JP Morgan Chase Bank N.A./SYDNEY, JPM Chase - Sydney and Northern Trust Singapore as custodians holding 10% or more of its separately managed account assets.

**Does Blackrock Asset Management North Asia Limited report any disciplinary disclosures?**
Reports 9 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters and 2 questions about civil court matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.G, 11.H(1)(c), 11.H(2)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165482

**What changed in Blackrock Asset Management North Asia Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 107 to 108. Regulatory assets under management went from $118,546,801,282 to $140,250,367,772 (+18%). No longer lists an office in Hong Kong.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- JP Morgan Chase Bank N.A./SYDNEY
- JPM Chase - Sydney
- Northern Trust Singapore

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.

### Regulatory assets under management (Item 5.F)
- Total: $140,250,367,772
- Discretionary: $140,250,367,772
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Banking or thrift institutions | 5 | $1,597,088,544 |
| Investment companies | 2 | $2,037,167,380 |
| Pooled investment vehicles (other than investment companies and business development companies) | 28 | $68,890,730,334 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 11 | $13,763,449,597 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | 6 | $2,531,642,414 |
| Sovereign wealth funds and foreign official institutions | 17 | $50,170,361,008 |
| Corporations or other businesses not listed above | 5 | $1,259,928,495 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (13 years)
- Employees: 508 total, 108 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 9 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?
- 11.H(1)(c): Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?
- 11.H(2): Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165482

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Hong Kong

### Websites listed on Form ADV (Item 1.I)
- [blackrock.com](https://blackrock.com)
- [douyin.com/user/MS4wLjABAAAATX0BkoY3SXPImjHUWTdWi02SNLwyACHjdmAnkjp298lIw88FuDLmYo-nln-UitiK](https://douyin.com/user/MS4wLjABAAAATX0BkoY3SXPImjHUWTdWi02SNLwyACHjdmAnkjp298lIw88FuDLmYo-nln-UitiK)
- [ishares.com](https://ishares.com)
- [line.naver.jp/ti/p/@blackrocktw](https://line.naver.jp/ti/p/@blackrocktw)
- [mp.weixin.qq.com/mp/profile_ext](https://mp.weixin.qq.com/mp/profile_ext)
- Facebook @BlackRock
- Facebook @iShares
- Instagram @blackrock
- LinkedIn @blackrock
- LinkedIn @ishares
- TikTok @blackrock
- X @blackrock
- X @ishares
- YouTube @UC61MWzrpcsazp23LOxCsTcg
- YouTube @UCrIXkHfv2tMzebAI1TcdDhg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $79,467,985,853 | 419 | August 13, 2021 |
| October 2022 | $100,608,461,573 | 472 | September 1, 2022 |
| October 2023 | $79,364,136,810 | 453 | August 28, 2023 |
| October 2024 | $96,927,116,767 | 419 | September 20, 2024 |
| October 2025 | $118,546,801,282 | 491 | July 30, 2025 |
| October 2026 | $140,250,367,772 | 508 | September 25, 2026 |

Regulatory assets under management: $79,467,985,853 in the October 2021 data and $140,250,367,772 in the October 2026 data, up 76%.
Total employees: 419 in October 2021 and 508 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 107 to 108.
- Regulatory assets under management went from $118,546,801,282 to $140,250,367,772 (+18%).
- No longer lists an office in Hong Kong.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blackrock Asset Management North Asia Limited (CRD 165482): Form ADV filing data as of October 2026.