About Us
We are a long-established multi-family office that leverages our experience and extensive relationships in the banking and investment sectors to meet the long-term customized needs of private investors, families, and family foundations.
Our Leadership team has worked together since 1988.
At ALPS, we understand the unique financial objectives of each individual client. Our independence enables us to provide tailored, best-in-class investment solutions across all asset classes globally. We leverage our extensive network of investment managers and service providers worldwide to access the most effective strategies of our clients.
To help clients preserve and grow their wealth across generations, we offer:
• Discretionary Investment Management
• An Open Architecture Platform
• A Transparent Fee Structure
• A Comprehensive View of Investments with Consolidated Reporting
• An Experienced Investment Team
Regulated by the Hong Kong Securities & Futures Commission to carry on Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities.
Company
We focus on:Family governance, administration
Investment planning
Aggregate portfolio monitoring and reporting
Risk management
Many of our clients are still involved with an operating business and do not have the capacity for oversight on their liquid wealth. As a result clients are typically overbanked from product oriented entities with a lack of an overall picture when it comes to tracking investment returns from an overall portfolio level.
At ALPS we are cognizant of the client’s operating business and will help clients focus on the big picture based on each and everyone’s individual needs. As we are not affiliated with any bank or service provider, ALPS offers unbiased investment solutions that are aligned with the client. This includes asset class analysis, manager selection and reporting, as well as consolidated reporting.
Additionally clients have life cycle and wealth transfer concerns and given the difficulty of these topics these decisions are often deferred. Through our many years of working with families of all types and sizes as well as our extensive network to Family Offices around the world, ALPS is also equipped to objectively advise and execute on succession planning issues.
Last, but not least, the ALPS portfolio management extends beyond the context of traditional liquid wealth to include arts and collectibles to give clients advice in the context of the full financial picture.
Investment Process:
Identification of client needs, risk profile, return and cash flow objectives
Asset Allocation Decision
Manager and Security Selection
Implement the investment plan and use appropriate custodian(s)
Monitor performance and risk on portfolio levels
Monthly consolidated reporting to include:
– Performance attribution
– Benchmarks
– Executive summary
The ALPS In-House Investment Team leverages a robust global reach to conduct comprehensive investment research. Utilizing our proprietary platform, we meticulously search filter, and analyze independent investment opportunities, enabling us to distill the investable universe to best-in-class options across diverse asset classes. This disciplined approach uncovers high-quality strategies that may be overlooked by larger institutions. Moreover, ALPS is committed to continuously monitoring and evaluating these opportunities to rigorously benchmark and assess performance and risk at the portfolio level.
Our Team
Management Team
Audrey Lo
Chairman
Audrey is the Founder of ALPS Group subsequent to the Management Buy-Out in December 2002 from Julius Baer. She was previously the Managing Director of Julius Baer Investment Advisory (Asia) Ltd. since 1995. Audrey also worked for Citibank from the early 1980’s in its corporate bank, country office and for the last 7 years, building up Asian Family Business, North Asia, for its Private Bank. She is Chartered Accountant qualified in Ontario, Canada.
Jonathan Lo
CEO
Jonathan joined ALPS in 2017. In addition to being the CEO, he leads the group’s less liquid investments ranging from private equity, real estate, to direct investments. Prior to joining ALPS, Jonathan was the co-founder and Chief Operating Officer of SaferTaxi Ltd., a pan-Latin American technology platform providing transportation solutions for businesses. He started his career in Oil and Gas purchasing at Husky Energy in Calgary, Canada. Jonathan holds an MBA from Harvard Business School and a B.A. in Economics and International Affairs from George Washington University, U.S.A.
Vincent Au
Managing Director
Vincent joined ALPS in 2018 as Managing Director and is the Head of Investments. His main focuses are designing and developing investment strategies and solutions, selecting external managers and actively managing the ALPS Fund. Prior to joining ALPS, Vincent was a senior portfolio manager at Asia Capital Re in Singapore, where he was responsible for managing the reinsurer’s multi-asset investments. Before joining Asia Capital Re, Vincent worked in the United Kingdom, as an alternative investment portfolio manager at Aerion, a muilti-asset portfolio manager at MMC UK pension fund and a global bond fund manager at British Airways Pension. He holds a Master’s degree in International Trade and Finance from Lancaster University, UK and is a Chartered Financial Analyst (CFA).
Amy Ip
Managing Director
Amy has been with ALPS since inception and heads the client servicing and operations areas. This includes the responsibility for compliance issues of ALPS. She joined Julius Baer in 1995 as service manager. Prior to joining Julius Baer, Amy worked with the Private Banking Group of Citibank Hong Kong from 1988. Amy is a CFP® practitioner and is an Ordinary Member of the Institute of Financial Planners of Hong Kong. She received a B.A. (Hons) in Financial Services from Napier University, UK.
Client Services and Administration Team
Eva Lee
Director
Eva joined ALPS in 2014 and is in charge of client servicing and reporting. Prior to joining ALPS, Eva worked at EFG Bank AG, JP Morgan Chase Bank and ABN AMRO Bank N.V. on the client services teams for over 13 years. She received her Bachelor of Arts in Economics from University of Victoria, Canada.
Benjamin Lo
Assistant Director
Benjamin joined ALPS in 2012. He handles client servicing and reporting. Prior to joining ALPS, he worked with the Four Seasons Hotel Group. Benjamin holds a Bachelor of Arts in Marketing from the University of Denver, U.S.A.
Mark Mak
Assistant Manager
Mark joined ALPS in 2023 as Assistant Manager. He takes part in client servicing and reporting. Mark has diverse background in investment advisory and management consulting. Prior to joining ALPS, he worked as senior consultant at KPMG Hong Kong and an analyst in a family office. He received his Bachelor of Science with Honours in Accounting and Finance from University of Sussex, U.K.
Tiffany Fu
Assistant Director
Tiffany joined ALPS in June 2022 as Assistant Director. She handles fund operations and accounting. Prior to joining ALPS, Tiffany worked as Audit Manager at Deloitte Touche Tohmatsu and Audit Accountant at Grant Thornton. Before joining Grant Thornton, she worked at several CPA firms with total of over 8 years of experience in investment industry. She received her Bachelor of Business Administration in Professional Accounting (Hons) from The Open University of Hong Kong. She is a Certified Public Accountant (CPA).
Fiona Cheung
Office Manager
Fiona joined ALPS in 2011 as Office Manager. She is in charge of all office administration and involved with client reporting. Before joining ALPS, Fiona had worked in office administration at various boutique investment/property/credit information firms for over 24 years.
Investment Team
Scott Yong
Analyst
Scott joined ALPS in 2020 as Analyst, after having interned with the Company in 2018. Within the Investment team, Scott is involved with fund analysis, monitoring and reporting, both on the liquid and less liquid investments. He received his Bachelor of Business Administration in Accounting and Finance from The University of Hong Kong. He is a Chartered Financial Analyst (CFA).
Dicken Sin
Analyst
Dicken joined ALPS in 2021. He is responsible for investment research. Prior to joining ALPS, Dicken worked in Centre for Asia Private Equity Research Limited and has 4 years of experience in research. Dicken received his Bachelor of Science degree in Mathematics and Economics from The Hong Kong University of Science and Technology. He is a Chartered Financial Analyst (CFA).
Janice Own
Analyst
Janice joined ALPS in 2024. She is responsible for investment analyses. Janice has diverse internship experience in investment banking, asset management, wealth management, and economic research. She received her MPhil in Economics degree with distinction from the University of Cambridge, UK.
Client Relations Team
Chui Mei Ling
Managing Director
Ling joined ALPS in March 2021 as Managing Director. She joined ALPS from UBS Wealth Management Division where she spent over 20 years there. She started her career in the banking industry as a management trainee at BNP IFS (HK) Ltd. Ling is responsible for building her client base and managing her clients with a holistic approach. She aims to cater her clients’ different needs throughout their lifecycle. She holds a Bachelor of Arts in Economics and Chinese History from the University of Hong Kong.
Michelle Wong
Executive Director
Michelle joined ALPS in 2016. She is responsible for marketing and client relationship management. Prior to joining ALPS, Michelle spent 7 years with JPMorgan Private Bank covering high net worth clients from Hong Kong and mainland China. She started her career as a financial analyst with Consensus Advisors Investment Bank in Boston, and received a Bachelor of Science with magna cum laude distinction from Babson College, U.S.A.
Advisors
Ronnie Wu
Ronnie is the Co-Founder and CIO of Penjing Asset Management (Asia) Ltd. He joined Gottex Fund Management Holdings Limited in August 2012 following its acquisition of Penjing Asset Management, where he was the founder and chief investment officer. Ronnie was also the co-founder of Vision Investment Management (Asia) Ltd (VIM) in 2000. He joined VIM from UBS Global Asset Management in 1997. Ronnie holds a BS degree in Finance from University of Portland, U.S.A. and an MBA in Finance from San Diego State University, U.S.A. He is a Chartered Financial Analyst.
Roland Eberhard
Roland is the Head of PKB Privatbank Zurich Branch. Previously, he was co-founder and Chief Investment Officer of MBaer Merchant Bank AG. Roland has been active in the alternative investment sector since 1994. He was the Head of Alternative Multi-Management at Edmond de Rothschild and was the founding partner of SterWen BAM Ltd. in 2003. Prior to that, he was Head of Alternative Investments at HSBC Republic in New York from 2000 to 2003 and was at Julius Baer from 1994 to 2000. He started his career in finance in 1983 at UBS and is a graduate of the Swiss Banking School (1999), of the Höhere Wirtschafts- und Verwaltungsschule (1994) and of the Kaufmännische Handelsschule (1986).
Contact
15th Flr, The Wellington
198 Wellington Street
Central, Hong Kong
Tel: +(852) 2877-3328
Fax: +(852) 2845-9272
General Inquiries:
alps@alpshk.com