Fund Management

Schroders Launches New Fund Exclusively For HSBC's Private Banking, Wealth Channel

Editorial Staff 16 January 2024

Schroders Launches New Fund Exclusively For HSBC's Private Banking, Wealth Channel

For a six-month period, the fund will be exclusively open to clients of the private banking and wealth business in Asia, Middle East and Europe.

Schroders has launched a new multi-asset income fund that the UK-listed business is making exclusively available to HSBC Global Private Banking and Wealth clients for six months. 

Clients of HSBC in Asia, Europe, and the Middle East will have access to the fund, Schroders said in a statement.

The fund manager is bringing out the offering for clients trying to navigate a “new era of high inflation and interest rates,” the firm said. The portfolio is called Schroder ISF Dynamic Income. It will be able to hold equities, fixed income, and alternative investments such as convertible bonds, securitised debt, insurance-linked securities, and emerging market debt. It also incorporates environmental and/or social themes.

Managing the fund is Remi Olu-Pitan, Schroders’ head of multi-asset growth and income, and Dorian Carrell, head of multi-asset income.

“What has worked over the past decade may not work in the next decade for investors in search of income and capital growth. In a world of elevated inflation and interest rates, investors' capital needs to work harder,” Peter Harrison, group chief executive of Schroders, said.

Schroders has been partnering with HSBC to distribute its funds for some time. In September 2022, for example, Schroders launched a fund in Singapore to invest in firms involved in sustainable provision of food and water: The Schroder ISF Global Sustainable Food and Water Fund.

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