HSBC Mutual Fund has launch HSBC Brazil Fund, an open ended funds of fund scheme with the primary objective to provide long term capital appreciation by investing predominantly in units / shares of HSBC Global Investments Funds (HGIF) Brazil Equity Fund.
HSBC Global Asset Management is launching HSBC Brazil fund. In an interview with CNBC-TV18’s Udayan Mukherjee, Pedros Bastos, regional head, HSBC Global Asset Management says, it works as a natural hedge for Indian investors.