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.
Tag : sanjiv duggal
CIC appoints new board chairman; HSBC promotes director, PM; Pioneer hires UBS sales head; Eastspring names new retail head; JP Morgan snags Credit Suisse exec for prime services.
Sanjiv Duggal, who manages the $6 billion HSBC Indian equity fund, is reducing his cash position and shifting his bias from defensive to growth plays.
