HSBC Bank Australia has introduced GH Diversified Strategy Fund and Asia Select Equity Fund to retail investors through financial planners via Australia-based IOOF's range of investment platforms, including Pursuit Select.
The HSBC GH Diversified Strategy Fund provides access to a fund of hedge funds strategy, investing in more than 50 hedge funds globally. It provides investors with exposure to a diversified, actively managed portfolio of hedge fund strategies, seeking to provide compelling risk adjusted returns in all market conditions.
The HSBC Asia Select Equity Fund provides investors with exposure to some of the globally fastest growing economies in Asia and aims to deliver strong relative performance on the basis of HSBC’s indepth proprietary research, long term focus and strong investment discipline. Moreover, both the fund are available online.
Geoffrey Pidgeon, head of wholesale distribution for HSBC’s global investments business in Australia, said: “HSBC’s investment distribution strategy in Australia is based on giving Australian investors access to HSBC’s global investment expertise. HSBC global asset management has local investment teams on-the-ground in 30 countries and $423bn in funds under management.
“We continue to see increasing demand from Australian retail investors for international investments and with these funds now available through financial planners via the IOOF platforms, it gives more Australian investors access to the world’s leading international and emerging market investment opportunities.”