What's New In Investments, Funds? - HSBC Global Asset Management

Editorial Staff

2 May 2018

HSBC Global Asset Management
has launched two new funds, the HSBC Global Investment Funds – Global Lower Carbon Equity fund and HSBC Global Investment Funds – Global Lower Carbon Bond fund.

With effect from 30 April, the funds are offered to Hong Kong retail investors who seek to look to invest in firms against global climate change.

The HSBC GIF – Global Lower Carbon Equity Fund invests in developed markets equities. To lower the exposure to carbon intensive businesses, every portfolio holding will have its carbon footprint assessed pre-purchase and on an ongoing basis so that the total carbon footprint of the portfolio can be managed and reduced.

The HSBC GIF – Global Lower Carbon Bond Fund invests in investment grade corporate bonds denominated in US Dollar, Euro and Pound Sterling, with exposure to certified green bonds and high yield bonds. The fund adopts a dynamic bottom-up and top-down investment approach using composite carbon intensity data to understand the impact of individual issuers and sectors on total greenhouse gas emissions within the portfolio.