global return and global distribution funds launched under hughes and pothier
HSBC Investments will bring its multi-asset fund of funds range to market on 9 November, under former Axa managers James Hughes and Nicholas Pothier. Dubbed OpenFunds, the range includes the Open Global Return and Open Global Distribution portfolios. The offerings will operate under a Nurs structure and have the scope to invest in private equity and hedge fund vehicles along with more conventional asset classes. HSBC plans to bolster the range with two further funds in the second quarter of 2007, according to Andy Clark, head of wholesale at HSBC Investments. The range is managed by the ...
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