HSBC Global Asset Management fund crossed $100bn

HSBC Global Asset Management announced the major milestone they achieved as assets under their management in Emerging Markets have now passed $100bn. Approximately HSBC Global Asset Management had $135bn in Emerging Markets in assets at the end of September 2010. HSBC Global Asset Management's fund business is ranked top globally.


John Flint, Chief Executive, HSBC Global Asset Management says; "The world’s centre of gravity is moving toward the Emerging Markets and HSBC has for many years been at the forefront of providing quality investment solutions.

We now have two distinct opportunities for growth within our Emerging Markets businesses. The first is to develop investment product for domestic clients in the high growth emerging economies. The second is to develop product to facilitate portfolio flows from the developed world to the emerging markets. During 2011 we plan to launch a range innovative capabilities and products that will capitalise on both of these opportunities.”