HSBC Asset Management in the news

HSBC is cutting U.K. wealth management jobs, including financial advisers, to boost efficiency through AI and digital servicing, aiming to reduce costs and improve productivity.

HSBC is cutting jobs in its UK wealth management division and adopting AI to streamline client advisory services and enhance efficiency.

A former HSBC Asset Management executive was banned from financial services for life by the UK's Financial Conduct Authority after a criminal conviction for fare evasion.

Model ML, an AI company focused on financial services, secured $100 million in funding, with HSBC Asset Management as a key investor.

A former HSBC Asset Management executive was banned from UK finance and received a suspended prison sentence for defrauding train companies of ₹7.5 lakh in fares.

Former HSBC Asset Management executive Joseph Molloy was banned from financial services for fare evasion and fraud, demonstrating a significant lack of integrity.

A former senior HSBC banker was banned for life from financial services by the City regulator for defrauding almost £6,000 in train fares using a "doughnutting" technique over a year.

Gottex Fund Management hired James Hughes from HSBC to lead institutional business development for its multi-asset investment unit.

Singapore's central bank appointed five asset managers, including HSBC Asset Management, to manage S$1.45 billion in local equities to boost its stock market.

MAS selected five new asset managers, including HSBC Asset Management, for its equity market development program with S$1.45bn in new allocations.

Gottex Fund Management hired James Hughes, former HSBC Insurance Group CIO, to bolster its multi-asset investment team and drive institutional business development.

Singapore's central bank appointed five asset managers, including HSBC Asset Management, to manage S$1.45 billion in equity strategies to enhance local market liquidity and competitiveness.

Anuj Rathi will succeed Kailash Kulkarni as CEO of HSBC Mutual Fund India, with a planned leadership transition to ensure continuity.

HSBC is enhancing its U.S. Premier offering with expanded wealth, health, travel, and international banking services to cater to affluent customers with global needs.

HSBC Asset Management's CEO discusses the challenges and successes three years after acquiring L&T Mutual Fund, aiming for top-10 status in India.

HSBC Asset Management sold a £165m portfolio of 1,570 student accommodation units to a joint venture of Aboria Capital and Partners Group.

HSBC Asset Management has launched a new sterling-denominated short-duration optimal income bond fund in OEIC format, targeting capital preservation, liquidity, and income for UK wholesale and institutional investors.

HSBC Asset Management sold a £165 million portfolio of 1,570 student accommodation units in the UK to a joint venture of Aboria Capital and Partners Group.

HSBC is now servicing assets for Royal London Asset Management in Ireland, providing custodian, depositary, and fund administration services for 21 billion in assets.

HSBC Asset Management launched a new sterling short-duration optimal income bond fund for wholesale and institutional investors in the UK, aiming for enhanced yield and capital preservation.