Bringing you live news and features since 2006 

Bringing you news, views and analysis since 2013

HSBC Asset Management appoints UK ETF Business Development Director

HSBC Asset Management has appointed Tom Banks as UK ETF Business Development Director. Banks joined the firm on 15 June and will be based in London. He will report into Bhavick Patel, Head of UK ETF Business Development.

In this newly created role, Banks will be responsible for ETF sales coverage across the firm’s wholesale and institutional client businesses in the UK.
 
Banks brings over six years’ industry experience and joins from JP Morgan Asset Management where he was part of the UK sales team covering mutual funds and ETFs.
 
Commenting on the appointment, Bhavick says: “We have seen considerable growth in our ETF business this year and Tom’s appointment will enable us to expand our client engagement in the UK, a market where we see further potential for our growth.”
 
Growing its ETF range, particularly in areas such as ESG, Asia and fixed income, is one of HSBC Asset Management’s strategic growth initiatives. The firm currently manages USD97.7 billion in passive and systematic strategies, and USD 16.6 billion in ETF strategies.
 
In 2020, HSBC Asset Management set out its strategy to re-position the business as a core solutions and specialist emerging markets, Asia and alternatives focused asset manager, with client centricity, investment excellence and sustainable investing as key enablers.
 

Latest News

ETF data providers ETFGI report that assets invested in the global ETFs industry extended its lead over the global hedge..
Never a dull moment for Cathie Wood, founder and CEO of ARK Invest. In 2020 she was the ETF darling enjoying..
New data from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK,..
New York based MacMillan Communications, a well-known provider of public relations services to the finance industry since 1996, which has..

Related Articles

Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Franklin Templeton, with global ETF AUM exceeding USD13 billion, launched its European ETF offering in 2017, and announced last year the hire of Lotfi Ladjemi as Senior ETF Sales Specialist...
Welcome to the 2023 ETF Express Global Outlook, in association with Qontigo’s STOXX index business, which garners the views of global ETF investors on likely trends for the coming year....
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