Launches & Closures People Moves Wrappers / Structures

Ex-Lansdowne man to co-run HSBC EM fund


HSBC Global Asset Management is launching a UCITS III-compliant absolute return global emerging markets fund later this month. The HSBC GIF GEM Equity Alpha Fund will be managed by Omar Negyal and Nick Timberlake.

Negyal joined HSBC last year from Lansdowne Partners, where he spent three and a half years as a senior member of the firm’s global emerging markets team – working with lead manager Arnab Banerji on the Lansdowne Emerging Markets Fund.

The fund was shut down early last year after Banerji left the firm in 2008 to return to private business – following a torrid