HSBC Global Asset Management (Malta) Ltd has grown past the €1 billion milestone in assets under management and distribution.

HSBC Global Asset Management Malta is part of the HSBC Global Asset Management network with €383 billion in assets under management as at December 2015 and has a presence in over 26 countries and territories worldwide. It specialises in the development and management of investment products and services for clients around the world.

HSBC Global Asset Management (Malta) Ltd managing director Muriel Rutland said: “The company is marking 20 years of offering world-class investment and advisory capabilities to clients in Malta. We have had remarkable success. In fact, our main focus is to maintain this healthy performance in the future.”

Incorporated in 1996, the company is a wholly-owned subsidiary of HSBC Bank Malta plc. It was later licensed by the MFSA as an Alternative Investment Fund Manager in 2014. It manages six funds: Malta Bond Fund, Malta Government Bond Fund, Maltese Assets Fund, International Bond Fund, Equity Growth Fund, and HSBC Property Investment Fund.

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