Hsbc Global Asset Management (France) (Courbevoie)

Hsbc Global Asset Management (France) provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hsbc Global Asset Management (France): assets under management

The assets under management (AUM) of Hsbc Global Asset Management (France) is $73.19 billion. The firm's AUM has grown by 1% since the beginning of its operation, and $73.19 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $73.03 billion in discretionary accounts and $164.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $356.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $82.2 million.

Investments

The firm invests in sovereign bonds the most. They account for 23% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hsbc Global Asset Management (France) for their services and products based on a percentage of assets under management, fixed fees, commissions, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Christopher Spencer Cheetham serves?

The firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Christopher Spencer Cheetham is pooled investment vehicles with 144 clients and $33.22 billion of assets under management. Among the 8 most similar advisory firms, Hsbc Global Asset Management (France) has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $71.32 billion for 200 clients. 99% of the firm’s clients are foreign persons or businesses.

Hsbc Global Asset Management (France) also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $5,000 for each fund.

Careers at Hsbc Global Asset Management (France)

The company employs 333 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Christopher Spencer Cheetham has been acting as President since 1 Jul 2011. Guillaume Rabault has served as the Chief Investment Officer since 1 Jul 2011 and Matteo Pardi is the Chief Executive Officer of Hsbc Global Asset Management (France) family office. Thomas Cyril Vandeville joined the executive team most recently as the Director Of The Board.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 2 indirect owners.

Based in Courbevoie

The principal office where Hsbc Global Asset Management (France) performs its advisory services is located at 110 Esplanade Du General De Gaulle La Defense 4, Courbevoie, 92400 The mailing address of the firm is Cedex 08, Paris, 75419. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 33.1.41.02.45.93. The normal business hours are 9am-6pm on Monday - Friday. You can find more information about the New York firm at assetmanagement.hsbc.com.

Registered investment advisers similar to Hsbc Global Asset Management (France)

• Miller Anderson & Sherrerd
• Bridgewater Associates
• Credit Suisse Asset Management
• Dwight Asset Management Company
• Income Research & Management
• Apollo Management
• Tenaron Capital Management
• Conning Asset Management
• John Hancock Variable Trust Advisers
• John Hancock Investment Management Services
• Lehman Brothers Asset Management
• Field Street Capital Management
• Ubs Painewebber
• Brandywine Global Investment Management
• Trusco Capital Management