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Hansard adds HSBC Brazil to offshore bond platform

27 Jun 11

Isle of Man-based Hansard has added HSBCs Brazil Equity Fund to its unit-linked fund range

Isle of Man-based Hansard has added HSBCs Brazil Equity Fund to its unit-linked fund range

Investors using the Hansard International and Hansard Europe platforms will be able to access the fund through the regular premium Universal Retirement Programme product and single premium Capital Builder.

The HSBC fund is managed by Jose Cuervo, a manager with more than 30 years experience investing in Latin America.

According to HSBC, the fund returned 156% in US dollar terms in 2009, ranking it fourth out of 22 funds in the Morningstar Offshore and International Funds Equity Brazil Sector.

Mark Newsam, head of third party distribution at HSBC Global Asset Management, said: “To be selected for inclusion on this important platform is testimony to high quality and strong demand for the HSBC GIF Brazil Equity Fund.”

Tags: Hansard | HSBC

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.