HSBC has revealed the likely composition of its first two open range products.
The Global Distribution fund will have 10pc in global property, 5pc in natural resources, 30pc in global equity income, 5pc in global government bonds, 5pc in emerging market debt, 25pc in high yield debt and 20pc in tactical fixed interest. The Global Return fund will have 2pc in emerging market debt, 27pc in tactical fixed interest, 8pc in tactical currency, 6pc in private equity, 6pc in fund of hedge funds, 11pc in global property, 6pc in natural resources, 31pc in global equity and 3pc in global government bonds.
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