ABOUT

About Us

With office in Hong Kong, we are an independent wealth advisory firm 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 recognize the unique financial needs and goals of every individual client. Our independence allows us to provide objective financial advice as well as customized best-in-class solutions across all asset classes globally.

Where ALPS does not have the in-house expertise beyond the wealth management or portfolio management arena, we leverage our extensive network of advisors or service providers around the world for the best solutions.

To help clients preserve and grow their wealth across generations, we offer:

• Objective and Independent Advice
• An Open Architecture Platform
• A Transparent Fee Structure
• A Comprehensive View of Investments with Consolidated Bank Statements
• An Experienced Advisory Team
• High Touch, Customized Service from Dedicated Client Advisers

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 to any bank or service provider, ALPS offers unbiased advice 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 Management Options:


Discretionary Portfolio Management

A large majority of our client accounts are under the Discretionary Management Agreement. Under this option, our clients entrust ALPS with the day to day management of their entire portfolio based on a predefined set of investment objectives, asset allocation preferences, and risk profile.

All portfolios are customized and reviewed together with the client on a regular basis in a consolidated format.

Advisory Investment Services

Another option for clients is to choose a more “hands-on” approach. Under the Advisory Investment Agreement, clients can have more regular interaction with ALPS and more detailed discussions on investment strategy and opportunities.

This option gives the client full control of day to day portfolio decision making with the access and support of ALPS’ professional independent advice.


Investment Process:


Client Driven Approach

Identification of client needs, risk profile, return and cash flow objectives

Asset Allocation Decision

Manager Selection (introduce clients to appropriate managers)

Implement the investment plan and use appropriate custodian(s)

Monitor performance and risk on manager and total portfolio levels

Monthly consolidated reporting to include:
– Performance attribution
– Benchmarks
– Executive summary

Independent Fund Search

The ALPS In-House Investment Team has an extensive global reach for research. We leverage our proprietary platform for searching, filtering, and analyzing independent fund managers to filter down the investable universe to best-in-class managers within each individual asset class; including many top quality managers not followed by large banks. On an ongoing basis, ALPS will also monitor and evaluate these managers to benchmark and compare performance risk on a portfolio level.


Some of Our Solutions:


ALPS Global Segregated Portfolio

The ALPS Global Segregated Portfolio was officially launched in 2007, with a track record from 2004. It is an Absolute Return Fund of Funds with a target return of USD 3M LIBOR +300 bps with a focus on wealth preservation with moderate capital appreciation. The fund leverages on our proprietary client-driven fund selection platform and provides a diversified, multi-strategy, multi-asset class exposure to the global financial markets.

Management and family are core investors in the fund, so interests are aligned with all participants.

ALPS Private Markets Portfolio

The ALPS Private Markets Portfolio is a globally and time diversified portfolio of private market assets.  It invests in or alongside top tier and oversubscribed Private Equity Managers.

Management and family are core investors in the fund, so interests are aligned with all participants.


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 Advisory 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 Advisory 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 administration areas. This includes the responsibility for compliance issues of ALPS Advisory.  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 Advisory 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 Advisory 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.

Jennifer Lam

Assistant Director
Jennifer joined ALPS Advisory in 2021 as Assistant Director. She handles client servicing and reporting. Prior to joining ALPS, Jennifer worked as Operations Manager at Hendale Capital Limited and Investor Services Manager at TMF Group for over 13 years. She received her Bachelor of Arts Degree with major in Economics from Washington State University, U.S.A.

Fiona Cheung

Office Manager
Fiona joined ALPS Advisory 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

Terrence Lee

Senior Analyst
Terrence joined ALPS Advisory in 2009. He is involved in investment due diligence on funds and equities research. He pays particular attention to managing the in-house Global Equities fund. Terrence is also overseeing the information technology development of the company. Previously, Terrence worked in the IT industry with 8 years of experience in software development. He received his degree in Information Engineering from Chinese University of Hong Kong. He is a Chartered Financial Analyst (CFA).

Scott Yong

Analyst
Scott joined ALPS Advisory 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.

Dicken Sin

Analyst
Dicken joined ALPS Advisory 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).

Client Relations Team

Chui Mei Ling

Managing Director
Ling joined ALPS Advisory 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

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 Co-Founder and CIO of MBaer Merchant Bank Ltd. Roland has been active in the alternative investment sector since 1994. Most recently, 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

ALPS Advisory (HK) Limited

15th Flr, The Wellington
198 Wellington Street
Central, Hong Kong

Tel: +(852) 2877-3328
Fax: +(852) 2845-9272

General Inquiries:

alps@alpshk.com