HSBC has bolstered its wealth management position in New Zealand with the recent introduction of four HSBC Global Unit Trusts for its Premier clients.

The four NZ dollar denominated funds are the HSBC China Fund, HSBC India Fund, HSBC BRIC Fund, and the HSBC Asia ex-Japan Fund. The funds will be investing in US dollar denominated shares of an HSBC Global Investment Funds sub-fund and will be managed by a unit of HSBC Global Asset Management. HSBC GAM is one of the largest emerging market fund managers in the world with nearly $70 billion in assets under management in emerging markets.

The introduction of the four trusts gives NZ investors an opportunity to dabble in potentially high growth emerging markets through the bank.

"The introduction of these funds is a great example of HSBC making its global resources available for customers all over the world. We are excited to be a part of bringing the funds to New Zealand investors, providing them with the opportunity to invest in emerging markets that may typically be difficult to enter," HSBC GAM Asia-Pacific chief executive officer Rudolf Apenbrink said in a statement

"As a truly international full service bank, we are focusing our business on those customers whom we are best placed to serve. The launch of international wealth management products locally further cements that position we hold," said HSBC chief executive officer for New Zealand David Griffiths.