HSBC multi-asset funds 'more accessible'

Money News

www.moneynews.co.uk > Banking > HSBC multi-asset funds 'more accessible'

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

HSBC multi-asset funds 'more accessible'

HSBC's rolling out of its open funds on a variety of platforms will make it far more accessible for financial advisers and clients, the group states.

As of February, the HSBC open funds multi-asset fund-of-fund range has been available on the Skandia Life & Pensions, the Skandia Multi Fund, the Multi Isa and Multi Pep platforms.

This entails that they can be taken up by the financial advisers via tax wrappers including life bonds, Sipps, Isas and Peps.

Andy Clark, managing director of wholesale at HSBC, described how it was the group's aspiration to "ensure that the OpenFunds are available via the most important platforms and further agreements with other platforms are in the process of being finalised".

Launched in November 2006, the multi-asset funds were created to take advantage of a globally diverse portfolio of investments.

Related News : Banking

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : HSBC

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet