HSBC GAM hires head of long-term equities from Barings

Former head of equity income

HSBC Global Asset Management (HSBC GAM) has appointed Darryl Lucas as global head of long-term equities, based in London.

Reporting to Vis Nayar, UK and Europe chief investment officer and deputy CIO for equities, Lucas will be responsible for the global build-out of HSBC GAM's global long term active equity suite, which aims to deliver both growth and income while limiting downside risks through concentrated portfolios. Barings' Lucas rotates out of consumer stock 'mistakes' to limit drawdown Lucas joins from Barings, where he was most recently managing director and head of equity income, having also launched the Barings Global Dividend Champions and Barings Global Cautious Equity funds. He also served ...