HSBC Investments has reopened its GIF BRIC freestyle fund to investors.
The fund was temporarily closed to new investment in June 2006 to protect performance for existing share holders. It is managed by Halbis, the ‘fundamental active’ asset management specialist of HSBC. Christian Deseglise, global head of emerging markets business at HSBC Investments, said: “Over the past eight months, the markets in which this fund invests have grown in size and liquidity, and depth has improved. This has increased capacity to a level whereby it is now appropriate to re-open the fund. We will continue to watch the capacity issues closely and are fully prepared to close the...
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