HSBC Multimanager now its own business unit

HSBC Multimanager has been expanding activities around the globe since its separation with HSBC Investments in September. Under the new structure, HSBC Multimanager will be an independent label in HSBC GroupÆs investment business, which now includes HSBC Investments, Halbis and Sinopia, its structured assets business.HSBC Multimanager has its beginnings as the fund service arm for HSBCÆs retail distributions outlets. It originally served as a fund research and approval function for th…