HSBC Global Asset Management was registered in the record of Romania’s Financial Supervisory Authority ASF, at the request of British authorities.
British financial authorities notified ASF in June on the intention of HSBC Global Asset Management to provide services on the Romanian market, based on the free moment of services within the EU.
HSBC Global Asset Management is the asset management division of financial group HSBC.
At the end of March, the assets managed by HSBC Global Asset Management totaled $439.4 billion, mainly in Europe, Asia-Pacific, North America, Latin America and the Middle East.