# Sumitomo Mitsui DS Asset Management (Hong Kong) Limited

> Sumitomo Mitsui DS Asset Management (Hong Kong) Limited is an SEC-registered investment advisory firm in Hong Kong, China, registered since 1990, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 110459
- Filed as: SUMITOMO MITSUI DS ASSET MANAGEMENT (HONG KONG) LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Hong Kong, China
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110459
- AdvisorCensus page: https://advisorcensus.com/firm/sumitomo-mitsui-ds-asset-management-hong-kong-limited-hong-kong-110459

## Quick answers

**How is Sumitomo Mitsui DS Asset Management (Hong Kong) Limited compensated?**
On its Form ADV (Item 5.E, October 2026), Sumitomo Mitsui DS Asset Management (Hong Kong) Limited reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Sumitomo Mitsui DS Asset Management (Hong Kong) Limited located?**
Sumitomo Mitsui DS Asset Management (Hong Kong) Limited's principal office is in Hong Kong, China, according to its Form ADV.

**Is Sumitomo Mitsui DS Asset Management (Hong Kong) Limited registered with the SEC or a state?**
Sumitomo Mitsui DS Asset Management (Hong Kong) Limited is an SEC-registered investment advisory firm, registered since 1990. Status as filed: Approved. CRD 110459.

**How much does Sumitomo Mitsui DS Asset Management (Hong Kong) Limited manage?**
Sumitomo Mitsui DS Asset Management (Hong Kong) Limited reports $566,726,764 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (80% discretionary).

**How have Sumitomo Mitsui DS Asset Management (Hong Kong) Limited's assets and staff changed since 2021?**
In the Form ADV data for Sumitomo Mitsui DS Asset Management (Hong Kong) Limited: Regulatory assets under management: $904,331,536 in the October 2021 data and $566,726,764 in the October 2026 data, down 37%. Total employees: 34 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sumitomo Mitsui DS Asset Management (Hong Kong) Limited serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (16).

**Does Sumitomo Mitsui DS Asset Management (Hong Kong) 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/110459

**What changed in Sumitomo Mitsui DS Asset Management (Hong Kong) Limited's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 13 to 10. Regulatory assets under management went from $511,477,977 to $566,726,764 (+11%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $566,726,764
- Discretionary: $450,875,595
- Non-discretionary: $115,851,169

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Not reported | $0 |
| High net worth individuals | Not reported | $0 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 16 | $566,726,764 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Not reported | $0 |
| Charitable organizations | Not reported | $0 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | Not reported | $0 |
| Other | Not reported | $0 |

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

### Firm details
- Registered since: 1990 (36 years)
- Employees: 27 total, 10 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [smd-am.hk](https://smd-am.hk)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $904,331,536 | 34 | September 2, 2021 |
| October 2022 | $932,910,510 | 31 | March 29, 2022 |
| October 2023 | $714,802,641 | 31 | April 3, 2023 |
| October 2024 | $563,868,782 | 31 | June 11, 2024 |
| October 2025 | $511,477,977 | 31 | June 25, 2025 |
| October 2026 | $566,726,764 | 27 | March 30, 2026 |

Regulatory assets under management: $904,331,536 in the October 2021 data and $566,726,764 in the October 2026 data, down 37%.
Total employees: 34 in October 2021 and 27 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 13 to 10.
- Regulatory assets under management went from $511,477,977 to $566,726,764 (+11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sumitomo Mitsui DS Asset Management (Hong Kong) Limited (CRD 110459): Form ADV filing data as of October 2026.