HSBC fund of hedge funds division expects improved performance in 2013

Strong prospects

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Step into the offices of HSBC Private Bank on London’s St James’s Street and the imposing interior conjures up the past splendour of the 19th century. In some ways the Palladian design, built in the 1840s for the Conservative Club, but with a renovation in 2008 to modernise the interior, epitomises HSBC Alternative Investments Ltd (known as HAIL): the symmetry, perspective and values of formal classical investing, combined with an understanding of the volatile and asymmetric world of hedgefunds.

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