{"id":7788,"date":"2008-05-28T00:00:00","date_gmt":"2008-05-28T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hsbc-funds-arms-to-rebrand","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2008\/hsbc-funds-arms-to-rebrand.html","title":{"rendered":"HSBC funds arms to rebrand"},"content":{"rendered":"<p>Reuters- More merger and acquisition activity among fund firms is likely as the industry faces up to a tough 2008, said Mark McCombe, head of HSBC&#8217;s asset management arm, which is to rebrand next month.<\/p>\n<p>McCombe, chief executive of what will be known as HSBC Global Asset Management and include the firm&#8217;s hedge fund, quantitative, liquidity and multi-manager arms, said the funds industry had had a tough time over the past year and faced further difficulties this year.<\/p>\n<p>&quot;You had this almost perfect storm situation, where liquidity dried up, dislocation, added to which you then built in volatility &#8230; I think you can say this year will be a difficult year for all asset managers and for differing reasons,&quot; he said in a recent interview.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/296398438\" width=\"1\" border=\"0\" \/><br \/><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/296398438\/idUKNOA32909420080523\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- More merger and acquisition activity among fund firms is likely as the industry faces up to a tough 2008, said Mark McCombe, head of HSBC&#8217;s asset management arm, which is to rebrand next month. McCombe, chief executive of what [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[411,412,117,414,415,416,243,413,417],"class_list":["post-7788","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-5-million","tag-financial-environments","tag-investment-arm","tag-jose-alberto","tag-management-units","tag-mutual-fund","tag-percent-stake","tag-russell-family","tag-staffers"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7788","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=7788"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7788\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}