HSBC forges ahead with hedge plans

HSBC Asset Management is to regroup its alternative investment unit and has plans to launch a single manager hedge fund business later this year.

The planned head of the new business is Bill Maldanado, and it will incorporate Paris-based quants group Sinpoia, part of the HSBC group.

Maldanado, director of the alternative investment unit, specialises in derivatives at the group, working in the past on structured products and capital guarantee wrappers surrounding some of HSBC's products.

It is l

To continue reading...