HSBC’s asset management arm has launched three new funds in its sustainable multi-asset fund range, aiming to provide long term capital growth through investments which are globally diversified across different asset classes and regions.
HSBC’s asset management arm has launched three new funds in its sustainable multi-asset fund range, aiming to provide long term capital growth through investments which are globally diversified across different asset classes and regions.The new funds, HSBC Global Sustainable Multi-Asset Cautious Portfolio, HSBC Global Sustainable Multi-Asset Dynamic Portfolio, and the HSBC Global Sustainable Multi-Asset Adventurous Portfolio, will join the firm’s existing sustainable multi-asset balanced and conservative portfolios which launched in October 2018.
Each fund in the range, available to UK investors, will invest in a range of sustainable investment strategies which aim to consider financial returns alongside environmental, social, and governance (ESG) factors. They will seek a higher average ESG score and lower portfolio carbon intensity than the market. The individual risk profile of each fund determines the asset allocation and is reviewed and adjusted on a regular basis.
Stephane Levy, global head of multi asset product, says: “Building on growing client demand following the launch of our first two sustainable multi-asset funds, we wanted to offer investors a sustainable multi-asset range across varying risk profiles. Demand for multi-asset products has grown significantly because investors are increasingly seeking all-in-one-solutions, managed to a consistent risk profile, to solve their investment needs.”
Melissa McDonald, head of responsible investment, comments: “As the global economy evolves to address sustainability issues, it creates opportunities and risks across multiple asset classes. We believe that sustainable multi-asset portfolios can offer investors the diversification they require as well as being positively influenced by improved sustainability practices.”
HSBC has over 25 years of experience designing multi-asset solutions to meet investors’ long-term financial objectives. The firm manages USD121 billion in multi-asset strategies, with presence across the Americas, Europe, the Middle East and Asia. This means the portfolios benefit from global resources and local insights across investment markets.
