Launches & Closures Wrappers / Structures

HSBC offers 2X leveraged version of UCITS macro strategy


HSBC Global Asset Management has rolled out a leveraged version of its flagship macro absolute return portfolio, the HSBC GIF Global Macro Fund.

The new version — HSBC GIF Global Macro II — follows exactly the same investment strategy as the original fund, which launched in June 2007 and is co-managed by Guillaume Rabault and Jim Dunsford. The duo will also manage the new fund.

The original strategy was an early foray into UCITS III hedge funds, and now has over $850 million under management. Like its sister fund, the leveraged version is also UCITS-compliant and Luxembourg-domiciled, and offers