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Advice and insight
10 September 2012
New York, NY - HSBC Global Asset Management (USA) Inc. today announced that Jayant Kumar, CFA, has joined its institutional sales team as Senior Vice President. Based in New York, Kumar is responsible for business development in the endowment, foundation and non-profit marketplace with a focus on HSBC's full range of emerging market strategies. He reports to Christian Deseglise, Head of Sales for the Americas, HSBC Global Asset Management.
Jayant brings more than 15 years of financial services experience and joins from Fischer Francis Trees & Watts where he was responsible for sales and marketing within the non-profit arena. Previously, he worked as a relationship manager in the Institutional Fixed Income group at Brown Brothers Harriman where he served as the primary contact for institutional investors world-wide and developed client growth and retention strategies.
Jayant holds an MBA from Columbia Business School and a BSc in Mechanical Engineering, Summa Cum Laude, from the University of Rochester. He is a CFA charter-holder and member of the New York Society of Security Analysts.
"Jayant is an important addition as we continue to broaden our institutional business in the US," said Christian Deseglise. "His combination of experience and in-depth knowledge of emerging market capabilities will be key for us as we expand our US team."
HSBC Global Asset Management offers a range of emerging market debt and equity strategies to individual and institutional investors around the world. Since April 2011, the firm has launched five new US-registered emerging market mutual funds, including three emerging market debt funds, a frontier markets equity and a renminbi fixed income fund.
HSBC Global Asset Management, the core investment business of the HSBC Group, manages assets totaling US$409bn and is a leader in emerging markets funds, with more than US$134bn of assets managed in global, regional and country specific emerging markets strategies across a range of asset classes. HSBC Global Asset Management has a worldwide client base of private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. HSBC Global Asset Management fulfills its purpose of connecting these customers with investment opportunities through an international network of offices in approximately 30 countries, delivering global capabilities with local market insight. (All figures as at 30 June 2012). For more information, please visit www.assetmanagement.hsbc.com. For information about the emerging market funds please visit www.emfunds.us.hsbc.com HSBC Global Asset Management (USA) Inc. serves as investment adviser to the HSBC Funds and receives fees for such services.
Foreside Distribution Services, L.P., member FINRA, the distributor for the HSBC 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. Fixed income investments are subject to credit and interest rate risks.
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.
NOT FDIC INSURED / NO BANK GUARANTEE / MAY LOSE VALUE
All decisions regarding the tax implications of your investment(s) should be made in connection with your independent tax advisor.
Copyright© 2012. HSBC Global Asset Management (USA) Inc.
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|ARE NOT A BANK DEPOSIT OR OBLIGATION OF THE BANK OR ANY OF ITS AFFILIATES||ARE NOT FDIC INSURED||ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY||ARE NOT GUARANTEED BY THE BANK OR ANY OF ITS AFFILIATES||MAY LOSE VALUE|