HSBC Global Asset Management will launch a UCITS III European absolute return fund seeking opportunities across developed Europe,
implemented primarily through equities and equity swaps.
The investment vehicle, which offers daily liquidity, will target equity-like returns with a maximum annualised volatility target of 10 per cent, with
minimal correlation to European equities. The fund will be managed by a team of four, with Vis Nayar as lead manager.
