HSBC Asset Management is planning to launch an absolute
return UCITS fund using an emerging market themed strategy,
according to Charles Robinson from HSBC.
Robinson, head of alternative distribution at London-based
HSBC Global Asset Management, says investors are clamouring for
UCITS-compliant emerging market funds.
Charles Robinson: HSBC Global Asset Management
He says: "We are planning more launches in the absolute return
UCITS range and we hope to launch another fund in the second
half of this year. I am unable to give any specific information
at the moment.
"However, we are devoted to emerging markets in every way,
shape and form - from our regional franchises to our growing
wealth management segments - they symbolise enormous untapped
"In our absolute return range we have a number of emerging
market strategies, including our Cayman-domiciled long/short
Indian hedge fund and a global emerging market equity absolute
return UCITS fund. The new fund will...