HSBC Asset Management (HSBC AM) has launched the the HSBC GH Luxembourg Fund, a new hedge fund of funds strategy designed for European investors looking to “tap into opportunities created by uncertain global markets”, according to a press statement.
The HSBC GH Luxembourg Fund offers access to what HSBC AM provides access to top tier hedge funds or managers in a single fund. The portfolio will primarily allocate to the existing flagship hedge fund strategy HSBC GH Fund which invests in 28 underlying funds employing a range of alternative strategies, including global macro, arbitrage, event-driven strategies, and long-short equity on a regional, global, or sectoral basis. The HFRI Fund of Funds Composite index will be used as a benchmark.
According to a press statement, the fund’s multi-strategy nature can offer lower market sensitivity (beta) against traditional long-only asset classes, presenting a potentially improved risk return profile and minimising downside impact, helping the Fund navigate market volatility.
The Luxembourg-domiciled fund follows the success of the HSBC Global Hedge (GH) flagship strategy, which launched in 1996 and has delivered an annualised net return of 7.34% pa from its inception in June 1996 to 31 January 2025, with an annualised volatility of 5.35% pa over its 29-year life.
The HSBC GH Luxembourg Fund is available to both institutional and wholesale investors across Switzerland, Italy, Spain, France, Belgium, Luxembourg, and the Netherlands.
