HSBC rebrands asset management arm

Formerly known as the HSBC Group Investment Businesses, which included HSBC Investments, established specialist asset management businesses Halbis and Sinopia will maintain their own identities but be encompassed by HSBC Global Asset Management. HSBC says its ‘multi-specialist’ model developed over the past four years will remain a defining feature of the firm. “We are changing our name to HSBC Global Asset Management because it better reflects the breadth, strength and expertise of our business,” HSBC Global Asset Management chief executive Mark McCombe says. "It also highlights one of...