HSBC mulls Fohf launch

Salih, Chris
June 2009
Money Marketing;6/25/2009, p3
The article reports on the plan by the HSBC Global Asset Management to set up a retail fund of hedge funds. Speculated to be launched later in 2009, the product is believed to be run by HSBC Alternative Investments. Darius McDermott, managing director for Chelsea Financial Services, emphasized that the product would need to offer something on top of what advisers can access through absolute return strategies.


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