Tagged: HSBC Asset Management

Singapore Expands Equity Market Programme With $1.13bn Allocation

Singapore’s central bank will allocate S$1.45 billion ($1.13 billion) to five global asset managers under its equity market development programme and commit a further S$20 million to support market making in locally listed stocks. The Monetary Authority of Singapore (MAS) said it had appointed Amundi,… Read More

AI: HSBC Asset Management Takes Equity Stake in London based Model ML

HSBC Asset Management, part of HSBC (NYSE: HSBC), has taken an equity stake in Model ML, a London-based startup developing specialized artificial intelligence (AI) tools for the financial sector. The investment, channeled through HSBC Asset Management’s primary venture capital approach, arrives as institutions increasingly prioritize… Read More

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