HSBC Global Asset Management has appointed Ban Zheng as Head of Data Science within its Multi-Asset Research and Development team.
Based in Paris, Zheng will be responsible for the development of quantitative strategies and the application of data science for portfolio management, with a focus on Multi-Asset Style Factors strategies. He will report to Guillaume Rabault, CIO at HSBC Global Asset Management France.
Zheng joins from Lyxor Asset Management where he was Senior Quantitative Researcher. Prior to that, he spent four years at Natixis as a Quantitative Researcher in the Corporate and Investment Banking team. Zheng is also a research fellow and lecturer at École Polytechnique in France and Central University of Finance and Economics in China.
Commenting on Zheng’s appointment, Rabault says: “I’m pleased to welcome Ban to HSBC Global Asset Management. His extensive experience in quantitative research and data science will reinforce our multi-asset research expertise and support the development in offering more dynamic and specialised solutions for our clients.”
The HSBC Multi-Asset Style Factors strategy was launched in 2016 and has recently reached EUR1 billion in assets under management. The strategy aims to provide long term total returns with a low correlation to traditional asset classes. It is exposed to three style factors: carry, momentum and value; each implemented across the main equity, bond and currency markets.