HSBC Asset Management will launch a dedicated private-credit strategy in Asia-Pacific later this year after its parent unveiled plans to inject US$4 billion into its funds to bolster the higher-returning business.
The asset management arm of Hong Kong’s biggest lender aimed to use the offering to support corporate, family and private equity-backed clients across the region, according to Chris Fletcher, head of Asia-Pacific private credit.
“We are going to be very much focused on supporting…
