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HSBC AM grows ETF team with DWS Xtrackers hire

Investment Week is hosting its Alternatives Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain. During this interactive briefing, we will hear from a number of alternatives managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond. The managers will identify where they are seeing the biggest opportunities and risks at the moment for their portfolios and explain the role their strategies could play in helping diversify client portfolios. Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points.

HSBC AM selects first global head of ETF capital markets

HSBC AM selects first global head of ETF capital markets Bhaven Patel The role is new and Mr. Patel is based in London. Reporting to Carmen Gonzalez-Calatayud, head of ETF capability, Mr. Patel is responsible for running the firm s exchange-traded funds capital markets function and driving the liquidity strategy for its ETF platform. He works closely with the ETF sales team, and with operations and product development teams. HSBC AM runs $15.5 billion in ETFs and $93.9 billion in passive and systematic strategies. Bhaven s experience in designing and launching asset class-specific ETF platforms will enable us to continue expanding our growing range of ETF products and capabilities, Thorsten Michalik, global head of external wholesale and ETFs, said in a news release.

People moves: facing the funds fallout music, CS changes chairs, and more

Risk.net Latest job changes across the industry Credit Suisse faces some tough choices as it absorbs the extraordinary losses inflicted by the Greensill and Archegos fund fiascos and subsequent ratings hit. On April 6, the firm announced an estimated pre-tax loss of approximately Sfr900 million ($963 million) for the first quarter, including a charge of Sfr4.4 billion ($4.7 billion) in respect of Archegos. At the same time, the firm announced that investment bank CEO Brian Chin and chief risk and compliance officer Lara Warner were stepping down from their roles with immediate effect.   Christian Meissner, co-head of wealth management banking advisory and vice-chair of investment banking, will replace Chin in May. Meissner was previously head of global corporate and investment banking at Bank of America Merrill Lynch, and earlier co-CEO for EMEA at Lehman Brothers.

HSBC Gam hires head of ETF strategy from Invesco

HSBC Gam hires head of ETF strategy from Invesco Dominic Clabby was head of product engagement for Invesco ETFs for the last four years HSBC Global Asset Management has hired Invesco’s former ETF product head Dominic Clabby as it continues its push into the ETF market.  Clabby (pictured) has been appointed to the newly created role head of ETF strategy and will be responsible for driving the fund group’s current product range and expanding its offering. Based in London, he will report to Carmen Gonzalez-Calatayud, head of ETF Capability. Clabby has over 17 years’ experience in the investment industry, seven of which were spent on ETF strategy and distribution. Most recently he headed the product engagement function for Invesco ETFs, joining the firm after it acquired Source ETFs in 2017. He has also worked at Axa Distribution Services and Fidelity International.

HSBC AM hires head of ETF strategy from Invesco

Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain. During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond. The managers will identify where they are seeing the biggest opportunities and risks at the moment in emerging markets and explain the role their strategies could play in client portfolios. Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points

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