paris-based ugo and fidelity's white join london team as analysts
HSBC has added a global emerging markets fund to its Dublin-based multi-manager range and has appointed WestAm as investment adviser.
The product, which is Ucits III compliant, takes the number in the Dublin umbrella to 16.
The offering allows investors to choose any single or combination of these multi-manger portfolios with a minimum investment of $25,000 or the sterling equivalent.
The annual fee on the fund is 1.75% but there are also administration and custodial fees that amount to around 20 basis points.
The Global Emerging Markets fund invests in Brazil, Russia, India and China and will also look at other markets such as the Czech Republic, Egypt, Israel, Korea and the Philippines.
Meanwhile, HSBC has added two new analysts to its London-based team, Robert White and Anne-Lise Ugo.
White will be responsible for fund analysis and will be involved in portfolio management. He joins from Fidelity, where he worked as a senior fund analyst for institutional mandates. Ugo joins from HSBC's Paris office and will be responsible for reporting performance.
Other funds in the multi-manager range include US Large Cap Growth, US Large Cap Value, US Large Cap, US Small Cap, Global Equity, UK Equity, Japanese Equity, Asian Equity, European Value, European Growth, Global Bond (with dollar, sterling and euro versions), Emerging Market Bond, Short Duration Bond and Global Credit Bond.
HSBC offers global emerging markets fund.
Increase in number of funds in range to 16.
Two analysts join group.
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