hsbc-outlines-investment-goals

HSBC outlines investment goals

Hits and misses: HSBC Investments CEO Blair Pickerell reflects on three years at the helm and why Asian investment behaviour hasnÆt changed.
It has been three years since Blair Pickerell joined HSBC Investments as CEO for Asia Pacific, after a brief stint on his own and a long history of building the regional mutual funds business for JF Asset Management.

He feels the business has achieved a lot, capped in the first half of 2006 by five fund launches in different markets that have raised at least $250 million each. ôFive quarter-billion-dollar funds in a row, in five markets, has been good, but it also makes me nervous,ö he says.

His main concern, particularly amid the bull market, is that the regionÆs investors, particularly but not exclusively on the retail side, are still chasing hot stories instead...
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