Has HSBC missed the funds boat in China?

May 9, 2005

Rumours of an impending tie up between BoComm and Schroders are said to be ruffling feathers at HSBC.

"HSBC's China fund management strategy today is the strategy of two years ago," complains one former HSBC staffer in Hong Kong. "It's has missed out becoming a dominant player in China's asset management industry."

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