HSBC adds three funds to sustainable multi-asset range

Wind farm

HSBC’s asset management arm has launched three new funds in its sustainable multi-asset fund range, aiming to provide long term capital growth through investments which are globally diversified across different asset classes and regions.

The new funds, HSBC Global Sustainable Multi-Asset Cautious Portfolio, HSBC Global Sustainable Multi-Asset Dynamic Portfolio, and the HSBC Global Sustainable Multi-Asset Adventurous Portfolio, will join the firm’s existing sustainable multi-asset balanced and conservative portfolios which launched in October 2018.

Each fund in the range, available to UK investors, will invest in a range of sustainable investment strategies which aim to consider financial returns alongside environmental, social, and governance (ESG) factors. They will seek a higher average ESG score and lower portfolio carbon intensity than the market. The individual risk profile of each fund determines the asset allocation and is reviewed and adjusted on a regular basis.

Stephane Levy, global head of multi asset product, says: “Building on growing client demand following the launch of our first two sustainable multi-asset funds, we wanted to offer investors a sustainable multi-asset range across varying risk profiles. Demand for multi-asset products has grown significantly because investors are increasingly seeking all-in-one-solutions, managed to a consistent risk profile, to solve their investment needs.”

Melissa McDonald, head of responsible investment, comments: “As the global economy evolves to address sustainability issues, it creates opportunities and risks across multiple asset classes. We believe that sustainable multi-asset portfolios can offer investors the diversification they require as well as being positively influenced by improved sustainability practices.”

HSBC has over 25 years of experience designing multi-asset solutions to meet investors’ long-term financial objectives. The firm manages USD121 billion in multi-asset strategies, with presence across the Americas, Europe, the Middle East and Asia. This means the portfolios benefit from global resources and local insights across investment markets.