Schroders has launched a multi-asset income fund that will be exclusively available to HSBC Global Private Banking and Wealth clients for six months across Asia, Europe and the Middle East.
The Schroder ISF Dynamic Income fund is actively managed by Remi Olu-Pitan, head of multi-asset growth and income at Schroders, and Dorian Carrell, head of multi-asset income.
Designed to deliver an “attractive and resilient income stream”, the fund invests in a diversified portfolio of assets worldwide, including equities, fixed income, and alternative investments such as convertible bonds, securitised debt, insurance-linked securities and emerging market debt.
The fund also incorporates environmental and/or social characteristics, within the meaning of Article 8 of the SFDR.
“What has worked over the past decade may not work in the next decade for investors in search of income and capital growth,” said Peter Harrison, group chief executive of Schroders. “In a world of elevated inflation and interest rates, investors’ capital needs to work harder.”
He added: “Combining Schroders’ extensive investment expertise with HSBC’s strong distribution network, Schroder ISF Dynamic Income provides HSBC Global Private Banking and Wealth clients with a differentiated investment solution that aims to deliver consistent income and long-term capital growth.
“We are pleased to continue our programme of global fund launches, now with an actively managed investment solution which will enable our clients to access a range of asset classes across global markets,” said Lavanya Chari, global head of investments and wealth solutions of HSBC Global Private Banking & Wealth.
She added: “This launch complements our existing strong fund offering to provide an additional option for our clients to put cash to work for their portfolios.”