Geoffrey Lunt, senior product specialist for Asian fixed income at HSBC Global Asset Management, explains the role and benefits of Hong Kong dollar bonds, especially for domestic institutions.
The new appointment to the UK fund house's financial institutions group will focus on the $7 trillion Asia-Pacific insurance segment.
Rothschild hires new HK chief; HSBC GAM names sales, distribution heads; TPG recruits Mumbai MD; Standard Life hires investment directors; Capital Group elects new chairman; and BNP names Vietnam head.
The bank's asset management arm has appointed Mark Li to be its director of institutional business for China. Li replaces Susanna Wong, who has left the company.
Amid a perception that investors are moving away from a 'home bias', HSBC is launching more regional equity funds based on their global equivalents. It is making them available to retail and institutional investors immediately.