{"id":7015,"date":"2008-01-18T00:00:00","date_gmt":"2008-01-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hsbc-fund-seeks-firms-tackling-global-warming","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2008\/hsbc-fund-seeks-firms-tackling-global-warming.html","title":{"rendered":"HSBC fund seeks firms tackling global warming"},"content":{"rendered":"<p>HONG KONG (Reuters) &#8211; Reuters) &#8211; HSBC Holdings launched a climate change fund on Thursday to give investors a chance to turn a threat into an opportunity by buying into the increasing number of firms trying to tackle global warming. <\/p>\n<p>&quot;As recently as five years ago, who talked about climate change? Very few people. It was fashionable to be sceptical&#8230; It seems the tide has turned quite significantly,&quot; said Patrice Conxicoeur, chief executive of SINOPIA, the quantitative investment arm of the global bank, which will manage the fund.<\/p>\n<p>&quot;The market has taken notice,&quot; he told a news conference to launch the fund.<\/p>\n<p>The fund, &quot;HSBC Global Investment Funds &#8211; Climate Change&quot; will aim to outperform HSBC&#8217;s own climate change benchmark index .HSCCB.HSCCBT by 3 percent per year, which the bank said had shown a 164 percent return since January 1, 2004.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/218212340\" width=\"1\" border=\"0\" \/><br \/><a href=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/218212340\/idUKHOL74401920080117\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG (Reuters) &#8211; Reuters) &#8211; HSBC Holdings launched a climate change fund on Thursday to give investors a chance to turn a threat into an opportunity by buying into the increasing number of firms trying to tackle global warming. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7015","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7015"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7015\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}