HSBC launches World Selection in Hong Kong
The territory is the first Asian market to receive the multi-manager product, but it may not prove as popular in the region as it has in the UK.
HSBC Global Asset Management has launched its World Selection offering in Hong Kong, a multi-asset investment product with a multi-manager approach.
The concept first launched in the UK early this year and has attracted $1.4 billion of customer investments to date. This global initiative will roll out to HSBC customers across Europe, the Middle East, the Americas and Asia-Pacific, with Hong Kong as the first market launch in this region.
However, multi-manager -- or 'manager of mana…
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