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HSBC Global Asset Management Appoints Julia Hoik to Offshore Mutual Funds Leadership Position

28 June 2012

Julia Hoik

New York, NY - HSBC Global Asset Management (USA) Inc. today announced that Julia Hoik has joined as Senior Vice President, Key Accounts Manager for Offshore Mutual Funds. In her new role, Hoik will be responsible for developing and maintaining key account relationships with various broker dealer and bank clients. Based in New York, she reports to Christian Deseglise, Head of Sales, Americas, HSBC Global Asset Management.

Hoik brings with her 18 years of financial services experience, primarily in offshore mutual funds working with partner firms on offshore platforms as well as preferred funds lists. She was most recently with Pioneer Investments.

“Julia is an important addition as we further develop our offshore platform efforts,” said Christian Deseglise, Head of Sales in the Americas for HSBC Global Asset Management. “Her combined experience and knowledge will be of significant value as we continue to expand our distribution channels and enhance our international investment platform in the U.S.”

In addition to offering investments to U.S. investors, HSBC Global Asset Management provides offshore investment expertise for its international clients1 with a diverse range of emerging markets focused mutual funds.

HSBC Global Asset Management is at the forefront of emerging markets investing, with more than US$140 billion in emerging markets assets under management.2

HSBC Global Asset Management

HSBC Global Asset Management manages assets totaling US$429.4 billion, and is a leader in emerging markets strategies, with more than US$140 billion under management. Through its network of offices in approximately 30 countries, HSBC Global Asset Management invests worldwide for private clients, intermediaries, corporations and institutions, both in segregated accounts and pooled funds. (All figures as at 31 March 2012). For more information, please call 888-935-4722.

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1 HSBC Global Asset Management's offshore program is available only to investors who are not physically present in the U.S. and who are not U.S. citizens or U.S. residents.

2 As at 31 March 2012

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. Investors should read the prospectus carefully before investing or sending money.

Copyright © 2012. HSBC Global Asset Management (USA) Inc.

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