Open Global Return up 10.2% over three years

Pothier-managed HSBC fund is eighth out of 86 vehicles in peer group over three years

HSBC’s Open Global Return fund celebrated its third anniversary at the end of last month and is ranked eighth out of 86 vehicles in the IMA Cautious Managed sector over three years to 23 November. According to Morningstar the fund has risen 10.2% against an average decline of 1.9%. HSBC Open Global Return is a multi-asset fund of funds that aims to provide a well-diversified investment in a broad range of asset classes. The fund has a capital growth objective, although an income class is available. Investment exposure is diversified globally and there is no inherent bias towards the ...