Global investment manager
HSBC Global Asset Management is an investment manager with $470.2bn in AUM (as of 31 March 2018). It was formed in 1973 in Hong Kong as Wardley, a wholly-owned merchant banking subsidiary, changing its name to HSBC Asset Management 13 years later.
The company manages separate client-focused equity and fixed income portfolios. It also launches and manages hedge funds for its clients. It invests in the public equity, fixed income, and alternative investments markets across the globe.
HSBC Global Asset Management is also the principal partner of Investment Week's Women in Investment Awards. Click here for more information about this year's ceremony, taking place on 28 November in London.
Schroders has expanded its £76bn multi-asset team further with two hires as it focuses on building this part of the business.
Heartwood Investment Management has hired Marian Black from Baring Asset Management to head up its investment marketing.
The upgrade of two major frontier markets to emerging market status led to a significant increase in turnover for the HSBC Frontier Markets fund last year.
HSBC Global Asset Management's Caroline Hitch is reducing exposure to equities in favour of credit in the firm's $8bn World Selection portfolios as she fails to find "compelling" valuations for shares.
Joseph Molloy, global head of index equities at Legal & General Investment Management, has joined HSBC Global Asset Management as head of passive equity.
Three members of senior staff at Ashcourt Rowan are to exit as its takeover by Towry is finalised.
HSBC Global Asset Management's chief executive Andy Clark is ruling out introducing preferentially priced share classes, saying they are akin to "endorsements" of individual platforms.
Jamie Frere-Scott has joined Ashcourt Rowan as funds director after less than a year as head of research at life insurer Mobius Life.
LGM Investments (formerly Lloyd George Management) has reopened its LGM Frontier Markets strategy to investors following a dip in assets.
Ashcourt Rowan has grown its investment team after hiring two investment directors from HSBC Global Asset Management.
Former HSBC global fixed income head Guy Dunham has been appointed head of global and aggregate at Barings.
Guy Dunham has left his role as HSBC Global Asset Management's London head of global bonds.
HSBC Global Asset Management has launched the GIF Global Short Duration High Yield Bond fund for recent hire Mary Bowers.
HSBC Global Asset Management (GAM) is to launch a Far East ex-Japan ETF with a total expense ratio (TER) of 0.6%.
HSBC Global Asset Management (HSBC GAM) is to roll out a series of funds tracking indices it recently launched which aim to lower volatility.
HSBC Global Asset Management has launched a short duration high yield bond fund aimed at investors looking for protection from the threat of rising interest rates.
HSBC Global Asset Management has made two promotions within its Asian equities team.
M&G Investments has boosted its fixed income team, hiring Andrius Isciukas from HSBC Asset Management to work across the fund range.
Baring Asset Management is to launch a China Bond fund providing investors with exposure to the country's previously restricted fixed interest markets, as demand for new ways to play the Chinese growth story continues to build.
HSBC Global Asset Management has launched an RDR ready share class on its passive fund range.
HSBC Global Asset Management has combined the funds within its multi-asset International Selection range with the bank's retail consumer World Selection offering.
HSBC Income fund of funds manager Julian York said his policy of "not looking to shoot the lights out" has helped guide him to the top quartile of the IMA Mixed Investment 20-60% Shares sector.