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HSBC Global Asset Management Appoints Damion Hendrickson RIA Sales Head
20 December 2011
New York, NY - HSBC Global Asset Management (USA) Inc. today announced that Damion J. Hendrickson has joined as a Senior Vice President, Head of Registered Investment Advisor ("RIA") Sales. In his new role, Hendrickson will be responsible for expanding the wholesale RIA platform for HSBC's emerging and frontier market strategies and will further build the sales team, develop and manage relationships within the RIA community, as well as (multi) family offices. He will be based in Boston and report to Christian Deseglise, Head of Wholesale - Americas at HSBC Global Asset Management.
Hendrickson, 39, brings more than 20 years of financial services experience, primarily working with RIAs and single- and multi-family offices. He was most recently with BNY Mellon Asset Management and Fidelity Investments.
"Damion is a key addition as we further develop our sales effort," said Christian Deseglise, Head of Wholesale - Americas at HSBC Global Asset Management. "His experience with the investment advisor community, as well as his in-depth knowledge of emerging market investment strategies is a powerful combination."
HSBC Global Asset Management offers a range of emerging and frontier market strategies to individual and institutional investors around the world. The firm recently launched three new mutual funds for US investors, including emerging market debt, emerging market local currency debt and frontier markets equity.
HSBC Global Asset Management has approximately USD139 billion in emerging market assets under management as of June 30, 2011.
The HSBC Group
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 7,500 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,691bn at 30 June 2011, HSBC is one of the world's largest banking and financial services organizations.
HSBC Global Asset Management
HSBC Global Asset Management manages assets totaling US$453.4bn, and is a leader in emerging markets, with $139.3bn invested in this asset class. Through its network of offices in approximately 30 countries globally, HSBC Global Asset Management has a worldwide client base of private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. (All figures as at 30 June 2011). For more information see http://www.assetmanagement.hsbc.com
HSBC Global Asset Management (USA) Inc. serves as investment adviser to the HSBC Investor Funds and receives fees for such services.
Foreside Distribution Services, L.P., member FINRA, the distributor for the HSBC Investor Funds, is not affiliated with the adviser.
All investments involve risk including the loss of principal. International investing involves a greater degree of risk and increased volatility, which is heightened when investing in emerging or frontiers markets. Foreign securities can be subject to greater risks than U.S. investments, including currency fluctuations, less liquid trading markets, greater price volatility, political and economic instability, less publicly available information, and changes in tax or currency laws or monetary policy.
NOT FDIC INSURED/NO BANK GUARANTEE/MAY LOSE VALUE
Investors should consider the investment objectives, risks, charges, and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the investment company. For clients of HSBC Securities (USA) Inc., please call 1-888-525-5757 for more information. For other investors and prospective investors, please call the Funds directly at 1-800-782-8183 or visit our website at www.investorfunds.us.hsbc.com. Investors should read the prospectus carefully before investing or sending money.
Copyright © 2011. HSBC Global Asset Management (USA) Inc.
- Juanita Gutierrez
- 212 525 6282
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