Overview
A. GMO Singapore Pte. Ltd. (“GMOS”) commenced operations in February 2003 and furnishes
investment advisory services, predominantly to institutional and intermediary clients. GMOS
is a Singapore private limited company and indirect wholly-owned subsidiary of Grantham,
Mayo, Van Otterloo & Co. LLC (“GMO”), which is located at 53 State Street, Suite 3300
Boston, MA 02109. GMO is a Massachusetts limited liability company that is controlled by
active employee-members (“Members”). GMOS is wholly-owned by GMO Australasia, LLC,
and a wholly-owned subsidiary of GMO.
GMOS’s headquarters are located at 6 Battery Road, #34-01, Singapore 049909. The offices
of GMOS’s affiliates are located in Amsterdam, Boston, London, and Sydney, with GMO also
having a representative office in Tokyo. Please see Item 10, “Other Financial Industry
Activities and Affiliations” for a more detailed discussion about GMOS’s affiliates.
B. GMOS provides investment services to GMO on behalf of pooled investment vehicles and
separate accounts managed by GMO. In addition, GMOS provides discretionary advice to
separately managed accounts. Please see Item 8, “Methods of Analysis, Investment Strategies
and Risk of Loss” below for more information regarding GMOS’s investment strategies.
C. GMOS may tailor its advisory services for clients investing through separately managed
accounts. GMOS may agree to manage a client’s assets against a particular benchmark or
pursuant to investment guidelines discussed and agreed upon with the client. To the extent
practicable
and consistent with the intended investment strategy, GMOS may agree to
implement client-imposed limitations on GMOS’s discretionary authority with respect to the
securities to be bought or sold for an account including, but not limited to, diversification
requirements, benchmark deviation, industry concentration, restrictions prohibiting the
purchase of certain securities or securities of certain types of issuers, prohibiting investments
in certain countries or markets, limitations in relationships with counterparties, and/or
prohibiting the employment of certain investment strategies or techniques (e.g., derivatives).
Please see Item 16, “Investment Discretion,” which discusses these and other restrictions
relating to GMOS’s discretionary authority. Client accounts that are subject to such limitations
may perform differently and potentially less successfully other accounts with similar strategies
managed by GMOS that do not have such limitations.
D. GMOS does not participate in wrap-fee programs.
E. As of December 31, 2023, GMOS managed US$2.2billion on a discretionary basis for its
clients. Please note that this figure reflects GMOS’s net assets under management, as
contrasted with the assets required to be reported in Part 1A of Form ADV as GMOS’s
“regulatory assets under management.”
Although GMOS may be directed by a client with a separately managed account to invest
exclusively in a particular GMO or GMO Australia Limited (“GMOA”) pooled vehicle,
GMOS does not otherwise manage any client assets on a non-discretionary basis.