HSBC Fund Management (Malta) Limited will be renamed HSBC Global Asset Management (Malta) Limited with effect from 1 July 2008.

Stephen Pandolfino, Head of HSBC Global Asset Management (Malta) Limited, said: “We are changing the name of our fund management company in line with the Group’s rebranding exercise to align and integrate all the different specialist capabilities under one name. HSBC Global Asset Management reflects the breadth, strength and expertise of our business. It also highlights one of our key competitive advantages, our global footprint, which complements our deep roots in local markets."

HSBC Global Asset Management (Malta) Limited manages a range of domestic and international funds, specialises in the development of structured capital secured investment products, and in the provision of tailor-made discretionary portfolio management services. It is part of HSBC Global Asset Management, with a total of US$397.4 billion assets under management.

“Global asset management is what we do – through an unrivalled global network and with truly global capabilities. In Malta, we shall continue to build a global asset management company that is focused, responsive to clients and delivers value to all stakeholders. This is being achieved by leveraging on our global expertise and by delivering consistently strong investment performance, innovative products and excellent customer service,” said Mr Pandolfino.

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