HSBC opens new frontiers fund

HSBC has opened its New Frontiers fund to institutional and high net worth clie...

HSBC has opened its New Frontiers fund to institutional and high net worth clients. The fund is headed up by Andrea Nannini and team at Halbis, the active management specialist of HSBC Global Asset Management, and launched in Feburary. It was previously only available to clients of HSBC Private Bank and offers exposure to the next generation of emerging markets. Nannini said: "Among their many features, the New Frontier markets are experiencing rapid economic growth. This is structurally driven by access to capital and technology from the developed world, favourable demographics, a pop...