HSBC GAM set to expand passive range with Global Aggregate Bond Index fund launch

Wider passives push

Tom Eckett
clock • 1 min read

HSBC Global Asset Management is set to expand its passive range with the launch of the Global Aggregate Bond Index fund, Investment Week understands.

Domiciled in Ireland, the fund will be physically replicated and have a total expense ratio of 0.45%. Hedged in US dollars, the fund will be benchmarked against the Bloomberg Barclays Global Aggregate index, The index offers exposure to 24 local currency markets, Treasuries and corporate and securitised fixed-rate bonds. Rebalancing every month, the index is made up of entirely investment grade or higher securities with 41% in AAA-rated bonds, 16% in AA, 29% in A and 14% in BAA. Furthermore, it has 39% in the US, 17% in Japan and 6% in France and the UK, as of June. The move ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

Join Investment Week in London to discuss the future of ETFs

Join Investment Week in London to discuss the future of ETFs

Amundi, BNP Paribas, UBS and Research in Finance confirmed to speak

Katrina Lloyd
clock 23 June 2025 • 2 min read
European asset managers using Taiwan as testing ground for active ETFs

European asset managers using Taiwan as testing ground for active ETFs

Race for active ETFs hots up

Linus Uhlig
clock 23 June 2025 • 3 min read
Active ETFs defend stewardship capabilities in face of shareholder engagement crisis

Active ETFs defend stewardship capabilities in face of shareholder engagement crisis

Record number of active ETF launches in 2025

Sorin Dojan
clock 18 June 2025 • 6 min read
Trustpilot