HSBC AM appoints new climate technology team

Part of strategy to expand on alternatives

HSBC Asset Management has appointed a new Climate Technology team called 'Climatech' as part of its strategy to expand direct investment capabilities in alternatives.

Joanna Munro, global chief investment officer (CIO) at HSBC Asset Management, said: "Technology will play a major role in enabling the energy transition, funded by public money, private capital and philanthropic commitments like HSBC's Climate Solutions Partnership with the World Resources Institute and WWF.   "The appointment of this team will allow us to provide clients with early exposure to sectors which are just emerging as such, but will become major sources of financial and environmental value over the decade." HSBC AM unveils new alternatives investment team The team will d...