The Bank of Bermuda has launched a multi-manager fund to be distributed globally through its parent company, HSBC. HSBC and Bank of Berm...

The Bank of Bermuda has launched a multi-manager fund to be distributed globally through its parent company, HSBC. HSBC and Bank of Bermuda said that “manager of managers’ open architecture structure” products have become increasingly popular in the investment community, and the trend is one which both banks are keen to embrace. “HSBC’s attraction to Investment Solutions reflects the innovation and quality of this product; it is a real credit to the Bank of Bermuda team,” said Gonzallo Jalles, head of HSBC Investments Bermuda. He added: “The HSBC network will bring unprecedented distribution channels and capabilities to help ensure the continued growth and success of this highly-regarded investment option.”