Holden takes on HSBC role

HSBC Asset Management has hired Mark Holden, fund manager at Morgan Grenfell Asset Management, to join its UK desk in early November. For the past four years he was a director at Morgan Grenfell, responsible for managing £1bn in UK equities mainly for institutional clients and was also in charge of the Japanese equity division. Holden's role at HSBC will be managing some of the Midland-branded retail UK equity funds and an exempt portfolio Dean Buckley, chief investment officer at HSBC Asset Management, said: "His style and process is very much aligned with our beliefs in the team approac...