Skandia adds HSBC fund sterling share classes to platform
Six sterling share class emerging market funds from HSBC Global Asset Management have been added to Skandia’s investment solutions platform for UK investors.
The funds include HSBC GIF GEM Equity, HSBC GIF GEM Local Debt, HSBC GIF Brazil Equity, HSBC GIF Indian Equity, HSBC GIF Russian Equity and HSBC GIF Latin American Equity.
Overall, HSBC Global Asset Management has some $121bn invested in this asset class.
Phil Reid, UK Head of External Distribution, at HSBC Global Asset Management, said: “Skandia Investment Solutions Platform is one of the most important fund distribution platforms available to UK investors and to be selected for inclusion on this platform is testimony to the strong demand for HSBC Emerging Market funds.”
Mat Wood, at Skandia said: “This development brings HSBC’s emerging markets expertise to a wider audience. These six new emerging market funds will add greater variety to the Skandia fund range and provide advisers with the ability to target specific emerging economies via HSBC’s single country funds in addition to wider emerging markets.”