HSBC Investments announced that the HSBC Sterling Liquidity Fund has exceeded £2bn of assets under management. Investors have poured over £1bn of new money into the fund since the beginning of 2005. Its sister fund, the HSBC Euro Liquidity Fund, has also experienced rapid growth, attracting over €1bn in assets under management over the same period. As part of the FSA-recognised HSBC Global Liquidity Funds range, the sterling, euro and US dollar funds offer professional investors a flexible and secure complement to bank deposits for their liquidity management needs. The funds carry the ratings AAAm from Standard & Poor’s and Aaa/MR1+ from Moody’s.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.