HSBC GAM launches low-fee global managed portfolio service
Passive focus
The group has partnered with Aviva for the launch. Photo: Håkan Dahlström/Flickr/Creative Commons CC BY 2.0
HSBC Global Asset Management (HSBC GAM) has unveiled a global managed portfolio service (GMPS) targeting cost efficiency and transparency by using its own range of passive products in the underlying holdings.
The group has partnered with Aviva for the launch, with the GMPS exclusively available through Aviva's platform for nine months, following which HSBC GAM will review further platforms for roll-out of the...
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