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HSBC strikes bond fund distribution deal with US$2.2 trn asset manager


HSBC is seeking to capitalise on growing demand for fixed income products by striking a distribution agreement for a key fund from Capital Group, the US investment manager with about US$2.2 trillion in assets under management (AUM). The London-based bank said on Wednesday that it would make available Capital Group’s Global Corporate Bond Fund (LUX) (GCB) to its clients globally…

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