Bringing you live news and features since 2006 

HSBC launches next generation fund for HNW and institutional clients

RELATED TOPICS​

HSBC has launched a High Net Worth & Institutional share classes for the HSBC Next Generation Fund.

The HSBC Next Generation Fund invests in new and upcoming hedge fund managers globally aiming for an annualised target return of 12% to 15% over a market cycle with target volatility of 8% to 10%. The Fund offers monthly liquidity.
 
The HSBC Next Generation Fund is a concentrated portfolio comprising of 10 to 15 emerging managers investing across all hedge fund strategies.  The underlying managers must have sound industry reputation and a proven track record at investment banks and established hedge funds. Initial investments include new funds Avantium Liquid EM Macro managed by Kay Haigh and Apson Global Fund managed by Edouard Salet. 
 
Initially launched in September 2011 to Founder Investors the HSBC Next Generation Fund has approaching USD100million in assets under management.
 
The HNW share class welcomes investments of USD 25,000 / EUR 25,000 and above. The Institutional share class has a minimum investment threshold of USD 2,500,000.
 
Evidence of successful “Day 1” or early stage investing includes Brevan Howard, Lansdowne UK and DE Shaw Oculus, all of whom are now established industry participants and mostly closed to new investment.
 
Peter Rigg (pictured), Global Head of HSBC’s Alternative Investment Group says: “HSBC has been researching emerging managers for many years, and we have an established track record of investing in some of the best new managers in the industry. This Fund provides our clients with direct access to a new generation of hedge fund managers combined with our proven track record in due diligence and portfolio management.”
 

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by