HSBC GIF Multi-Asset Style Factors
HSBC GIF Multi-Asset Style Factors - Reaching the EUR1 billion milestone
- In 2019, HSBC GIF Multi-Asset Style Factors recorded a positive gross performance of 9.7 per cent in excess of cash, with an annualised volatility of 4.4 per cent
- The three performance drivers (carry, value and momentum) made positive contributions
- In terms of asset class contributions, currency and bond portfolios were the main contributors while equity portfolios were flat
- Within the Alternative Risk Premia (ARP) universe, the fund recorded a strong performance and showed low correlations to traditional asset classes and alternative investments
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