HSBC
HSBC results hit by Asia market falls
HSBC has reported a 14% drop in profits for the third quarter of 2015 after adjusting for foreign currency movements, as the sharp falls in stock markets across Asia hit revenues in its retail banking and wealth management division.
People Moves | 29 Oct 15
HSBC GAM India boss transfers to South East Asia role
The chief executive of the India arm of HSBC Global Asset Management has relocated within the business to spearhead the company’s South East Asia division.
HSBC slashes fees on three index tracker funds
HSBC Global Asset Management has halved the fees on three of its main developed market tracker funds, joining a growing list of ETF providers cutting charges.
FUND LINKS: Cost is ‘ridiculously important’ in global RDR push
Cost has become “ridiculously important” as more countries move towards an RDR model, argued BNP Paribas’s Julian Kramer during International Adviser’s Fund Links Forum on Thursday.
Global head of HSBC GAM relocates to Hong Kong
The chief executive of HSBC Global Asset Management, Sridhar Chandrasekharan, has relocated to Hong Kong from the firm’s headquarters in St James, London, to tap the region’s stronger growth outlook.