Thursday, December 1, 2011

HSBC Holdings plc (LON:HSBA) Launching New Fund

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tdp2664 E money daily HSBC Holdings plc (LON:HSBA)'s Global Asset Management has launched a frontier markets fund. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full HSBA chart at Wikinvest HSBC Holdings plc (LON:HSBA) Launching New Fund HSBC Holdings plc (LON:HSBA) has launched a long-only GIF Frontier Equity Fund to focus on next generation emerging markets. The existing HSBC New Frontier Fund will be merged with the newly created portfolio. Andrea Nannini is appointed as the manager of new Frontier Markets Fund. HSBC Holdings plc (LON:HSBA) Global Assets Management Fund's head of wholesale Andy Clark, said, "The availability of HSBC frontier markets expertise in the GIF format with a retail share class caters for the demand from those investors seeking exposure to the next generation of global emerging markets, offering investors a further level of portfolio diversification". HSBC Holdings plc (LON:HSBA) shares stood at 502.4 at the end of the last trading session. Price History Last Price: 502.4 52 Week Range: 456.48- 739.63 Last Vol: 5816993 3 Month Vol: 26915000



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