HSBC Global Asset Management (HSBC Gam) will roll out a range of three low-cost multi-asset funds on October 17, Financial Times reports. The range will include cautious, balanced and dynamic world index funds.
The firm’s multi-asset team led by Caroline Hitch will manage the funds. The offerings will invest in equities, bonds, commodities, private equity and property, but not hedge funds, adds Investment Week.
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