World-class investment solutions backed by the strength of the HSBC Group

HSBC Global Asset Management in India is part of the core global investment management business of the HSBC Group. With dedicated investment professionals across Europe, Africa, Asia-Pacific and the Americas, HSBC Global Asset Management has strong global investment capabilities that are delivered to clients locally. For institutions, corporates and financial intermediaries, a comprehensive range of investment management solutions are offered. For high net worth individuals, HSBC Global Asset Management works with relationship managers to provide bespoke portfolio management services.

Company history — A global pedigree

HSBC Global Asset Management draws upon a long history of serving clients by the HSBC Group, tracing its roots back to the foundation of the Hongkong and Shanghai Banking Corporation in 1865. The HSBC Group has identified asset management as a key constituent of the HSBC Groups wealth management strategy and at HSBC Global Asset Management, we have been dedicated to managing assets on behalf of our clients for more than 30 years.

In 1994 the HSBC Group recognised the increasingly global nature of financial markets would create the need for a credible global asset management organisation to ensure delivery of the best possible solutions for clients. In response, the separate regional asset management businesses of HSBC were unified to create a single powerful investment manager aimed at delivering global investment capabilities combined with significant local expertise.

In 2001, following the integration of CCF and its investment businesses into HSBC, a new global strategy was launched for asset management. The strategy aimed to create a core proprietary global investment management business HSBC Asset Management, operating alongside a series of specialist investment businesses, namely: Sinopia for quantitative and structured products, HSBC Specialist Investments for property and infrastructure investments, HSBC Multimanager for best-in-class open architecture investments and HSBC Alternative Investments for single-manager hedge fund strategies.

In 2004, following a strong period of growth in HSBCs investment businesses, a new strategy was announced for these businesses. The strategy was intended to position HSBC for market leadership in providing investment solutions that meet client needs and involved a reorganisation of HSBCs investment businesses including HSBC Asset Management and HSBC Investment Management, leading to the creation of HSBC Investments.

In 2008, HSBC Investments was renamed to HSBC Global Asset Management. The name change was to more closely align it with Global Banking and Markets (the new name for Corporate, Investment Banking and Markets).

A concise history

1973 — HSBC forms Hong Kong-based Wardley as a wholly owned merchant banking subsidiary

1986 — The European arm of HSBC Asset Management is conceived with the purchase of James Capel, a leading and well established international securities company

The addition of New York-based Marinvest establishes the US arm of HSBC Asset Management

1992 — Consolidation in Europe with the acquisition of the Midland Bank Group

1994 — Regional companies are brought together under the name HSBC Asset Management, a single investment manager offering global investment capability combined with significant local expertise

2000 — HSBC Group purchases CCF Bank, France — CCF Capital Management in Paris joins HSBC Asset Management

2001 — The market for asset management solutions has grown rapidly and investors requirements have become more sophisticated. In response to this, the asset management business of HSBC was reorganised at the end of 2001 to provide a full range of sophisticated services under the name Asset Management Services, comprising the core business, HSBC Asset Management and several specialist companies offering complementary investment management services

In August, HSBC Asset Management completed its acquisition of China Securities Investment Trust Corporation, Taiwan’s premier asset management company

HSBC Asset Management (India) Private Limited is incorporated in December 2001

2002 — New investment and marketing office established in India. Cooperation with HSBC Trinkaus Capital Management and its parent HSBC Trinkaus & Burkhardt

HSBC Asset Management (India) Private Limited. the Investment Manager to HSBC Mutual Fund launches its first four schemes in December 2002

2003 — Integration of Bital’s fund management business in Mexico following its purchase by HSBC

2004 — Integration and development of investment management activity in Bermuda following the acquisition of Bank of Bermuda

2004 — On 1 December HSBC announces a reorganisation of its investment management businesses as part of a new strategy designed to drive further growth

2005 — HSBC Asset Management is replaced by HSBC Investments and HSBC Halbis Partners during 2005 (subject to local legal and regulatory approvals in all jurisdictions)

2006 — HSBC receives approval for joint venture fund management company in China. HSBC Halbis Partners is renamed Halbis Capital Management

2008 — HSBC Investments is renamed to HSBC Global Asset Management (subject to local legal and regulatory approvals in all jurisdictions)