HSBC appoints head of Alternatives

HSBC appoints head of Alternatives

HSBC has announced that Mathieu Forcioli will join the lender from the start of September as global plus Asia Pacific head of Alternatives, which usually forms part of the bank’s Investments and Prosperity Solutions IWS division.

Based in Hong Kong, Forcioli’s remit will involve working with the bank’s partner business, HSBC Option Investments Limited, to offer the bank’s wealth customers proprietary and third-party investment solutions throughout the private markets. He will build upon the particular bank’s success in growing client participation in the global personal banking GPB options space, which rose to $3. twenty five billion in obligations at the end of 2021, through $2. 3 billion raised in 2020.

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