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HSBC AM groups all its alternative capabilities into single business unit

Source: HSBC

HSBC Asset Management on Wednesday announced it is combining all its existing alternatives capabilities into a single business unit — HSBC Alternatives — with a 150-strong team and combined AUM and assets under advice of US$53 billion. The new unit is composed of HSBC Alternatives Investments, including the multi-manager hedge fund and private market teams, together with the firm’s private…

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