Fountaincap Research & Investment (Hong Kong) Co., Limited
- Regulatory AUM
- $1.6B
- Discretionary
- $1.6B
- Clients
- 3
- Avg AUM / client
- $534M
- Accounts
- 9
- Employees
- 20
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | Fewer than 5 clients | $12.0M | 0.75% |
| Pooled investment vehicles (non-investment companies) | 3 | $448M | 27.9% |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $208M | 13.0% |
| Corporations and other businesses | Fewer than 5 clients | $12.2M | 0.76% |
| Other | Fewer than 5 clients | $922M | 57.6% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $172M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Fountaincap Global China Opportunity Master Fund master | Other Private Fund | Cayman Islands | $172M | 72 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ding, Xiaofang, (Nmn) | Owner | Jul 2014 (12y) | ≈ 56.25% – 100% via Fountaincap Research & Investment Co., Limited | |
| Li, Man, Nmn | Chief Compliance Officer | Mar 2020 (6y) | Less than 5% | |
| Luk, Man, T | Chief Executive Officer | Mar 2021 (5y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Fountaincap Research & Investment Co., Limited | Owner | Jul 2014 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ding, Xiaofang, (Nmn): 75% – 100% of Fountaincap Research & Investment Co., Limited × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $172M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Fountaincap Global China Opportunity Master Fund | Other Private Fund | $172M | $500K | 72 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.24 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Northern Trust $481M (30% of AUM) Mar 2026
- Caceis Ireland Limited $425M (27% of AUM) Mar 2026
- Caceis Investor Services Ireland Limited $356M (21% of AUM) Mar 2024
- State Street $208M (13% of AUM) Mar 2026
- Industrial And Commercial Bank Of China $200M (13% of AUM) Jun 2021
- Citibank $134M (11% of AUM) Mar 2023
- BNY Mellon $108M (7% of AUM) Jun 2021
- China International Capital Corp Hong Kong Securities Limited $27.2M (2% of AUM) Jun 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗