Euro Fixed Income
We offer a wide range of strategies that provides investors with access to the large Euro credit investment universe, including government bonds, agencies, covered bonds, credit bonds, hybrid bonds, floaters and CDS.
Our philosophy
We believe fixed income markets are inefficient resulting from the misunderstanding and mispricing of risks.
- Credit strategies: We seek asymmetries caused by lack of research and investor decisions made under different constraints (ratings, ALM, etc.) which create inconsistencies between risk premia and credit fundamentals
- Rates strategies: We look to exploit curve distortions and inconsistencies between (1) the shape and level of yield curves and (2) economic and financial factors
To exploit these inefficiencies, multiple uncorrelated sources of alpha are combined to maximise performance. We believe that fundamental and in-depth research give us the best opportunity to actively add value to fixed income portfolios.
Our process
- Disciplined and active management, backed by proprietary research
- Independent management of each strategy to efficiently capitalise on our managers’ specialisations
- Rigorous risk budgeting approach to combine the individual strategies whilst optimising returns
HSBC strengths
- An experienced investment team in Paris and Dusseldorf with an average 20-year industry experience
- Stable and committed teams benefiting from a common investment framework supported by customized tools
- Leverages HSBC’s strong global fixed income credit research platform which is an integral factor in properly assessing corporate bonds
Source: Bloomberg, data as of 18 September 2020 Investment involves risks. Past performance is not indicative of future performance.
Important Information:
This page is prepared for general information purposes only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. This page does not constitute an offering document and should not be construed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Investors and potential investors should not invest in the Fund solely based on the information provided in this document and should read the prospectus (including the risk warnings) and the product highlights sheets, which are available upon request at HSBC Asset Management (Singapore) Limited (“AMSG”) or our authorised distributors, before investing. You should seek advice from a financial adviser. Investment involves risk. Past performance of the managers and the funds, and any forecasts on the economy, stock or bond market, or economic trends that are targeted by the funds, are not indicative of future performance. The value of the units of the funds and income accruing to them, if any, may fall or rise and investor may not get back the original sum invested. Changes in rates of currency exchange may affect significantly the value of the investment. AMSG has based this document on information obtained from sources it reasonably believes to be reliable. However, AMSG does not warrant, guarantee or represent, expressly or by implication, the accuracy, validity or completeness of such information.
HSBC Asset Management (Singapore) Limited
10 Marina Boulevard, Marina Bay Financial Centre, Tower 2, #48-01, Singapore 018983
Telephone: (65) 6658 2900 Facsimile: (65) 6225 4324
Website: www.assetmanagement.hsbc.com/sg
Company Registration No. 198602036R
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