HSBC Asset Management has moved its passive funds, mandates and solutions under a single department, ETF & Indexing, which will house a total of $103bn in assets.
The firm said the creation of the new unit "reflects the strategic importance of passives to the business". ETF & Indexing will be co-driven by the firm's investments and sales teams, led by Thorsten Michalik, who is also global head of wholesale business and partnerships. He will be supported by the Olga De Tapia, who will take up a expanded role of global head of ETF & Indexing sales, while Guillaume Rabault, CIO of quantitative equity, will oversee the ETF & Indexing team within investments. Global X ETFs lists four new UCITS ETFs in London The firm has seen the assets un...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
