HSBC has expanded the range of funds available to its clients, with Capital Group Global Corporate Bond set to become available for its global private banking, wealth management and retail clients.
The $547m fund originally launched in February 2018 and is managed by Damir Bettini, supported by a team of 16 analysts. HSBC channels former SVB UK arm into 'Innovation Banking' division It has returned 14.1% over the last five years, compared to a global fixed interest sector average of 4.3%, according to data from FE fundinfo. Mike Gitlin, global head of fixed income at Capital Group, said: "We are delighted to deepen our relationship with HSBC as Capital Group celebrates 50 years of fixed income investing. "While markets have been challenged over the last few years, the ...
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