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Fidelity poaches HSBC manager as Sajiv Vaid retires

Fidelity International has hired Shamil Pankhania as portfolio manager in preparation for the upcoming retirement of Sajiv Vaid.

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HSBC AM and LGIM among coalition challenging Glencore thermal coal production

HSBC AM and Legal and General Investment Management are among those challenging Glencore over its thermal coal production and impact on the planet.

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L&T Finance Holdings completes sale of MF unit sale to HSBC

The company has received Rs 3,484 crore (equivalent of USD 425 million) as consideration for the sale of LTIML from the purchaser.

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Hong Kong wealth management start-up Quantifeed buys UK fintech firm to create platform to manage US$20bn of assets

The wealth management start-up backed by HSBC and Franklin Templeton said it has bought Alpima in a deal that will create a platform to manage more than US$20 billion of assets.

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Pridham Report: Continued outflows sees shakeup in net fund sales ranking

Investor pessimism continued to grow throughout Q3, causing funds to see significant outflows and a shakeup in the ranking of retail sales.

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