Keeping a handle on the client's money

With $280bn in private clients' assets, as at 30 June 2004, HSBC Private Bank has been using hedge funds for its customers since 1989. Simon Paul, head of private wealth management at the bank, answers questions about how and why HSBC Private Bank uses the alternative asset class.

When, and why, did HSBC Private Bank start using hedge funds in clients' portfolios?

HSBC Private Bank first started advising clients on the use of hedge funds in 1989. At the time, the industry was dominated by macro strategies and was considerably smaller in asset terms than today. One of the roles of a good private bank is not only to provide financial solidity, but also to provide clients with new, interesting investment ideas. A few highly successful managers over the past 15 years had

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here