HSBC Makes HAIL In New Year

Jan 3 2007 | 10:29am ET

HSBC Private Bank has changed the name of its subsidiary HSBC Republic Investments to HSBC Alternative Investments effective immediately. The change in name reflects the bank’s focus on alternative investments.

Since the acquisition of Republic National Bank of New York in 1999, HSBC Private Bank client assets invested in alternative investments have grown to $35 billion as of the end of September, said Jamie Murray, head of institutional sales and business development, in an interview with Hedgeweek.

During the same period the firm’s flagship fund of funds, HSBC GH Fund, has grown from $145 million to $1.93 billion as of the end of November 2006. Institutional investors now represent approximately 60% of the private bank’s overall client base, according to Murray.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note