HSBC Investments is to launch a Luxembourg-domiciled climate change fund next month.
It will aim to outperform the HSBC Global Climate Change index, which was launched in September and will be part of HSBC's Global Investment Funds Sicav, which is available for sale in 35 countries worldwide and has UK distributor status.
Retail and institutional share classes will be offered with minimum investment amounts of US$5,000 and US$1m respectively. The annual management charge is 1.5% for the retail share class and 0.75% for the institutional share class. Share classes are denominated in US dollars, euro, sterling and Singapore dollars.
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created