HSBC AM names new global fixed income CIO

Michael Cross succeeds Xavier Baraton

HSBC Asset Management has appointed Michael Cross as its new global fixed income CIO, responsible for leading its fixed income investment platform.

Cross, who starts in his new role on 1 September, joined HSBC Asset Management in 2015 as global head of official sector institutions and, most recently, held the position of vice-chair of the institutional business. He succeeds and will report to global CIO Xavier Baraton, and will be based in London. HSBC AM rolls out two Paris-aligned ETFs As part of his new responsibilities, Cross will chair the fixed income strategic forum and coordinate its investment outlook, scenarios, risks and themes. As of 30 June 2021, HSBC Asset Management's global fixed income team managed $171bn i...