Client Affairs

What's New In Investments, Funds? - Rize ETF, HSBC AM

Editorial Staff, 29 July 2021

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The latest offerings in investments, such as funds and structured products, and other notable developments.

Rize ETF
Rize ETF, the European  specialist thematic issuer of exchange traded funds, has unveiled a new ETF that targets environmental sustainability. 

The Rize Environmental Impact 100 UCITS ETF (LIFE), to give its full name, is now available to buy on the London Stock Exchange.

The ETF is designed to provide investors with exposure to the top 100 most impactful companies developing and applying innovative solutions to tackle the world’s most pressing climatic and environmental challenges, Rize ETF said in a statement.

As part of its investment framework, LIFE employs a proprietary classification methodology that seeks to deconstruct the six environmental objectives into a series of “high impact” investment sub-sectors that the fund invests in.

HSBC Asset Management
HSBC Asset Management has launched a new venture capital investment strategy aimed at investing in companies that will participate in the transformation of financial services.

The strategy will typically participate in Series A and B funding and provide clients with exposure to B2B companies in Asia and Europe that offer software or financial services to enterprises or institutions.

It is aimed at institutional asset allocators, family offices, private banks and ultra-high net worth individuals, and will be run by Remi Bourrette, head of venture & growth investments and director Kara Byun. Byun joined HSBC AM in April 2020.

“The strategy will give clients access to “high growth sectors and parts of the world where economies are expanding fast such as the Greater Bay Area in China,” CEO HSBC Alternatives Joanna Munro said.

HSBC AM announced last month that it was bringing all of its existing alternatives capabilities under one business unit, HSBC Alternatives that will manage combined assets of $53 billion.

The bank has made known it is re-positioning asset management to focus on emerging markets, Asia and alternatives. Expansion in direct alternatives recently saw its asset management business hire Christophe Defert and Michael D’Aurizio to create a Climatech venture capital team.

 

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