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HSBC Asset Management Appoints Asia Wholesale Head

19 July 2022

    HSBC Asset Management (HSBC AM) appoints Charles Li as Head of Wholesale Business, Asia, effective 1 September and subject to regulatory approval.

    In this newly created role, Charles will be responsible for covering all wholesale clients in mainland China, Hong Kong, Taiwan, India, Japan and South East Asia. In addition to leading the Wholesale Sales and Client Servicing teams in the region, Charles will also be responsible for setting and delivering the firm’s wholesale strategy.

    Charles brings over 20 years of asset management experience and joins from UBS Asset Management where he was Head of Global Wealth Management Client Coverage, APAC and Deputy Head Asset Management (Hong Kong). He was accountable for formulating the business development and product strategies while leading the Client Coverage teams across APAC (i.e., Hong Kong, Singapore, mainland China, Taiwan and Japan). Prior to this he held senior roles at Fortis Investment Management Asia, PCI Investment Management and Allianz Global Investors.

    Charles will be based in Hong Kong, reporting to Thorsten Michalik, Global Head of Wholesale as well as locally to Daisy Ho, Chief Executive Officer, Asia-Pacific and Hong Kong.

    Thorsten said: “We are thrilled to have Charles joining the team. His wide ranging experience across APAC will be instrumental as we continue to focus on the growth of HSBC AM in the region.”

    Alison Brown, Head of Sales, Wholesale Business, Hong Kong and China, will be taking on a new role within HSBC AM to be announced later this year.

    Daisy said: “We would like to thank Alison for her leadership and significant contribution to the wholesale business in Hong Kong and mainland China. Since joining us in 2015, Alison has been instrumental in expanding the external network of distributors and supporting the launch of over 20 funds.”

    Media enquiries:

    Teresa Yim +852 2288 1625

    Grace Lam +852 3663 5877

    Important information

    This document is prepared for general information purposes only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. Any views and opinions expressed are subject to change without notice. This document does not constitute an offering document and should not be construed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment. Any forecast, projection or target where provided is indicative only and is not guaranteed in any way. HSBC Global Asset Management (Hong Kong) Limited (“AMHK”) accepts no liability for any failure to meet such forecast, projection or target. AMHK has based this document on information obtained from sources it reasonably believes to be reliable. However, AMHK does not warrant, guarantee or represent, expressly or by implication, the accuracy, validity or completeness of such information. Investment involves risk. Past performance is not indicative of future performance. Please refer to the offering document for further details including the risk factors. This document has not been reviewed by the Securities and Futures Commission. Copyright © HSBC Global Asset Management (Hong Kong) Limited 2022. All rights reserved. This document is issued by HSBC Global Asset Management (Hong Kong) Limited.

    HSBC Asset Management

    HSBC Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Asset Management connects HSBC’s clients with investment opportunities around the world through an international network of offices in 24 countries and territories, delivering global capabilities with local market insight. As at 31 March 2022, HSBC Asset Management managed assets totaling US$618bn on behalf of its clients.