# Mondrian Investment Partners Limited

> Mondrian Investment Partners Limited is an SEC-registered investment advisory firm in London, United Kingdom, registered since 1990, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 107432
- Filed as: MONDRIAN INVESTMENT PARTNERS LIMITED
- Also doing business as: ROTHKO INVESTMENT STRATEGIES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107432
- AdvisorCensus page: https://advisorcensus.com/firm/mondrian-investment-partners-limited-london-107432

## Quick answers

**How is Mondrian Investment Partners Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Mondrian Investment Partners 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 Mondrian Investment Partners Limited located?**
Mondrian Investment Partners Limited's principal office is in London, United Kingdom, according to its Form ADV.

**Is Mondrian Investment Partners Limited registered with the SEC or a state?**
Mondrian Investment Partners Limited is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 107432.

**How much does Mondrian Investment Partners Limited manage?**
Mondrian Investment Partners Limited reports $49,307,964,822 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (100% discretionary).

**How have Mondrian Investment Partners Limited's assets and staff changed since 2021?**
In the Form ADV data for Mondrian Investment Partners Limited: Regulatory assets under management: $54,894,457,194 in the October 2021 data and $49,307,964,822 in the October 2026 data, down 10%. Total employees: 141 in October 2021 and 133 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mondrian Investment Partners Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (41); state or municipal government entities (including government pension plans) (29); other investment advisers (25).

**Which custodians does Mondrian Investment Partners Limited use?**
Mondrian Investment Partners Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists JPMorgan Chase Bank, National Association, Northern Trust Company, State Street Bank and Trust Company and The Bank of New York Mellon as custodians holding 10% or more of its separately managed account assets.

**Does Mondrian Investment Partners Limited report any disciplinary disclosures?**
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/107432

**What changed in Mondrian Investment Partners Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 47 to 43. Regulatory assets under management went from $41,475,064,805 to $49,307,964,822 (+19%). Updated its list of owners and control persons (Schedule A).

## 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))
- JPMorgan Chase Bank, National Association
- Northern Trust Company
- State Street Bank and Trust Company
- The Bank of New York Mellon

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: $49,307,964,822
- Discretionary: $49,307,964,822
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 8 | $9,251,642,321 |
| Pooled investment vehicles (other than investment companies and business development companies) | 41 | $7,946,724,291 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 16 | $4,951,975,016 |
| Charitable organizations | 6 | $309,771,554 |
| State or municipal government entities (including government pension plans) | 29 | $24,863,293,250 |
| Other investment advisers | 25 | $1,658,731,394 |
| Corporations or other businesses not listed above | 11 | $325,826,996 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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
- Other

### Firm details
- Registered since: 1990 (35 years)
- Employees: 133 total, 43 performing advisory functions
- Wrap fee program participation: Yes
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [mondrian.com](https://mondrian.com)
- [rothko.com](https://rothko.com)
- LinkedIn @mondrian-investment-partners-limited
- LinkedIn @rothko-investment-strategies

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $54,894,457,194 | 141 | March 29, 2021 |
| October 2022 | $56,088,222,259 | 148 | June 22, 2022 |
| October 2023 | $43,300,455,465 | 156 | July 4, 2023 |
| October 2024 | $45,343,864,910 | 146 | March 28, 2024 |
| October 2025 | $41,475,064,805 | 137 | March 27, 2025 |
| October 2026 | $49,307,964,822 | 133 | April 1, 2026 |

Regulatory assets under management: $54,894,457,194 in the October 2021 data and $49,307,964,822 in the October 2026 data, down 10%.
Total employees: 141 in October 2021 and 133 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 47 to 43.
- Regulatory assets under management went from $41,475,064,805 to $49,307,964,822 (+19%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mondrian Investment Partners Limited (CRD 107432): Form ADV filing data as of October 2026.