HSBC launches H-share structured fund

And, in another move, the bank outsources management of a CDO to Lion Capital in Singapore.

HSBC has reached a deal with 11 third parties to distribute a structured fund aimed at exploiting the volatility of the Hang Seng China Enterprises Index. The H-Share Index Absolute Return Capital Guaranteed Fund is a three-year term, 100% capital protected vehicle, with 100% participation in the average quarterly percentage fluctuation - in the underlying index.

Among the distributors for the new fund are HSBC itself and Bank of America as well as institutions including Hang Seng Bank, ICBC Asia...

To continue reading, please login or register for free

Click for more on: hsbc | structured funds | structured products | hshare

Print Edition

FinanceAsia Print Edition