The latest funds and investments across the UK, Europe, Middle East and Africa.

HSBC Global Asset Management
HSBC Global Asset Management has launched three new passive fixed income funds on its new ICAV platform.

The three funds, which are domiciled in Ireland, are managed by Sebastien Faucher, head of passive fixed income at HSBC Global Asset Management.

The three new passive fixed income funds seek to replicate the performance of their respective index, while minimising the tracking error.

The funds are:
- HSBC Global Funds ICAV - US Government Bond Index Fund: replicates the performance of the Bloomberg Barclays US Treasury Index
- HSBC Global Funds ICAV - Global Government Bond Index Fund: replicates the performance of the FTSE World Government Bond Index
- HSBC Global Funds ICAV - Global Corporate Bond Index Fund: replicates the performance of the Bloomberg Barclays Global Corporate Bond Index

AllianceBernstein
AllianceBernstein has launched its global AB Financial Credit Portfolio, which will offer a dedicated credit strategy.

The fund seeks the best risk adjusted opportunities across the capital structure of financial companies around the globe, with a focus on subordinated debt including Additional Tier 1 (AT1).

The AB Financial Credit Portfolio is managed by Jorgen Kjaersgaard and Matthew Minnetian, who are supported by a team of credit and quantitative analysts as well as specialist traders.