HSBC Global Asset Management launches Managed Solutions

HSBC Managed Solutions is a holistic solution based on the principles of active Asset Allocation

April 09, 2014 1:49 IST | India Infoline News Service
HSBC Global Asset Management, India has announced the launch of HSBC Managed Solutions – a first of its kind, open ended Fund of Funds scheme that will invest into various asset classes including domestic and offshore equity, long and short term debt and gold.
The proposition is tailored to fit risk profiles of a broad range of investors and is available in Growth, Moderate and Conservative options.
HSBC Managed Solutions is a holistic solution based on the principles of active Asset Allocation. Investments are managed dynamically across asset classes and rebalanced regularly to ensure optimal allocation for that risk profile.
Like all other offerings from HSBC Global Asset Management, India, HSBC Managed Solutions also does not attract any exit loads. Investors can switch from one option to another without any switching costs.
The HSBC Managed Solutions New Fund Offer opens on 9 April and closes on 23 April 2014. The fund will subsequently be available for subscription on an ongoing basis. The minimum investment amount is INR 5,000 and investments can also be made through a systematic investment plan.
HSBC Managed Solutions will draw on HSBC Global Asset Management’s global expertise and the fund will be locally managed by Sanjay Shah, Gaurav Mehrotra and Piyush Harlalka.
Puneet Chaddha, Chief Executive Officer of HSBC Global Asset Management, India
We aim to build long term relationships with our customers by providing them with world class solutions that are in line with their needs and risk profile and provide fair value. I am pleased to draw on our global asset management capabilities to bring HSBC Managed Solutions to India. There is a broad base of investors with varying risk profiles who require a simple, need-based solution which could stand as their core investment holding catering to their specific needs and risk profiles, and managed by a partner with expertise and experience they can trust. HSBC Managed Solutions allows people who do not have the time and expertise to manage their own portfolios to benefit from flexible asset allocation executed by our global award winning teams in a disciplined, risk-aware and cost effective approach, with the goal of capturing long-term growth."
Tushar Pradhan, Chief Investment Officer, HSBC Global Asset Management, India said, “Multi-asset is a successful and a core capability of HSBC Global Asset Management worldwide and this proposition fits perfectly in our endeavor to offer value propositions to our investors. This active asset allocation based solution helps contain portfolio volatility and positions it well to deliver better risk-adjusted returns over the long term. HSBC Managed Solutions builds in regular rebalancing as a core feature which helps the portfolio remain aligned to the needs of the investor.”

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