Wealth and Asset Management
HSBC AM’s Passive Assets Cross $100 Billion
The asset management unit of HSBC has seen its exchange-traded funds and index funds surpass $100 billion. HSBC Asset Management’s exchange-traded funds (ETF) and index funds grew 181 percent from $36 billion in end-2019 to $101 billion as of 28 March 2024, according to a statement. During this period, ETF…
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