HSBC Asset Management is bringing together all of its existing alternatives capabilities under a single business unit, HSBC Alternatives, with a 150-strong team and combined assets under management and advice of $53bn.
HSBC Alternatives will comprise of HSBC Alternatives Investments (HAIL), which includes the multi-manager hedge fund and private market teams, as well as the firm's private debt, venture capital and direct real estate teams, with existing capabilities in the UK, France, Germany, Switzerland, Hong Kong and the US. Joanna Munro, currently global CIO, will lead the new combined unit, reporting to Nicolas Moreau as a member of his management committee. Munro was appointed global CIO in 2019 and has been with HSBC Asset Management since 2005, with responsibilities including CEO multi-manager...
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