# Neuberger Berman Asia Limited

> Neuberger Berman Asia Limited is an SEC-registered investment advisory firm in Hong Kong, Hong Kong, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 154286
- Filed as: NEUBERGER BERMAN ASIA LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, Hong Kong
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/154286
- AdvisorCensus page: https://advisorcensus.com/firm/neuberger-berman-asia-limited-hong-kong-154286

## Quick answers

**How is Neuberger Berman Asia Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Neuberger Berman Asia Limited 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.

**Where is Neuberger Berman Asia Limited located?**
Neuberger Berman Asia Limited's principal office is in Hong Kong, Hong Kong, according to its Form ADV.

**Is Neuberger Berman Asia Limited registered with the SEC or a state?**
Neuberger Berman Asia Limited is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 154286.

**How much does Neuberger Berman Asia Limited manage?**
Neuberger Berman Asia Limited reports $11,014,612,193 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Neuberger Berman Asia Limited's assets and staff changed since 2021?**
In the Form ADV data for Neuberger Berman Asia Limited: Regulatory assets under management: $3,522,992,839 in the October 2021 data and $11,014,612,193 in the October 2026 data, up 213%. Total employees: 60 in October 2021 and 62 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Neuberger Berman Asia Limited serve?**
By number of clients on Form ADV Item 5.D: insurance companies (13); pooled investment vehicles (other than investment companies and business development companies) (9); sovereign wealth funds and foreign official institutions (5).

**Which custodians does Neuberger Berman Asia Limited use?**
Neuberger Berman Asia Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citibank NA and JPMorgan Chase & Co. as custodians holding 10% or more of its separately managed account assets.

**Does Neuberger Berman Asia Limited report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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/154286

**What changed in Neuberger Berman Asia Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 21 to 19. Regulatory assets under management went from $6,867,563,326 to $11,014,612,193 (+60%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Citibank NA
- JPMorgan Chase & Co.

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: $11,014,612,193
- Discretionary: $11,014,612,193
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $5,718,406,467 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 13 | $1,364,109,013 |
| Sovereign wealth funds and foreign official institutions | 5 | $3,930,735,971 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 1 | $1,360,742 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2010 (16 years)
- Employees: 62 total, 19 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 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?

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/154286

### Websites listed on Form ADV (Item 1.I)
- nb.com
- LinkedIn @NEUBERGER-BERMAN
- X @NEUBERGERBERMAN

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,522,992,839 | 60 | June 15, 2021 |
| October 2022 | $6,729,278,498 | 63 | July 29, 2022 |
| October 2023 | $6,088,425,770 | 63 | March 31, 2023 |
| October 2024 | $6,245,511,994 | 64 | March 28, 2024 |
| October 2025 | $6,867,563,326 | 62 | March 28, 2025 |
| October 2026 | $11,014,612,193 | 62 | March 30, 2026 |

Regulatory assets under management: $3,522,992,839 in the October 2021 data and $11,014,612,193 in the October 2026 data, up 213%.
Total employees: 60 in October 2021 and 62 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 21 to 19.
- Regulatory assets under management went from $6,867,563,326 to $11,014,612,193 (+60%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Neuberger Berman Asia Limited (CRD 154286): Form ADV filing data as of October 2026.