HSBC Asset Management has signalled its intent to make further inroads into the international funds market with the launch of three new regionally based funds.
HSBC today launched a European, Japanese and US equity fund to complement its existing international offerings, which include the $120 million FlexiTrust Dragon fund which invests in South-east Asia and its $134 million FlexiTrust International fund which invests in markets around the world.
Outgoing HSBC Asset Management (Australia) chief executive officer Bob DeHart says HSBC has taken a regional approach to its funds management offerings to “give investors more choice so they can target particular regions or invest across the range to take a broader, global outlook in their portfolios”.
