Exclusive

HSBC Private Banking registers over US$1 billion alternative inflows in Asia

28 August 2018 | 3 minutes read
File photo dated 07/03/11 of a general view of the HSBC Tower in Canada Square, Canary Wharf, London, as HSBC is to relocate the head office of its UK retail bank to Birmingham in a move that will see around 1,000 jobs transferred from London, it announced today. PRESS ASSOCIATION Photo. Issue date: Tuesday March 24, 2015. The bank said the move would take place before January 1 2019, the deadline UK regulators have laid down for major banks to separate their more risky investment banking divisions from traditional operations such as personal and business accounts. See PA story CITY HSBC. Photo credit should read: Anthony Devlin/PA Wire

HSBC Private Banking in Asia has registered more than US$1 billion of inflows into alternatives over the last 12 months as long-only assets experienced market headwinds. As of the first half of 2018, HSBC Private Banking posted a remarkable six-fold increase in year-on-year inflows in Asia. According to the bank, client demand was broadly diversified across private markets and hedge…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]