The HSBC GROUP is a publicly held investment adviser that advises $860.18Bn in regulatory assets under management held in 4 SEC fund types across 11 investment strategies. HSBC GROUP is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 13.06% over the last 5-years.
The Group has been registered with the SEC for 40.14 years and is comprised of 7 filing and 0 relying advisers. They operate out of 26 office locations with their Headquarters at 8 CANADA SQUARE, LONDON, -. The Group has been subject to regulatory enforcement actions. They are regulated by 105 US and Non-US bodies.
They have 1,303 employees comprised of 741 investment and 562 non-investment staff. The total number of Employees decreased by 39.76% over the last 5-years.
Their $860.18Bn in assets advised are owned by 348 private funds, 516 public funds and BDCs and 25 other accounts. Assets of Investment Companies (IC) clients own $753.23Bn or 87.57% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $103.81Bn or 12.07% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Long/Short Equity and Multi Strat, representing 45.63%, 35.11% and 14.57% of total assets, respectively.
They advise 6 types of clients, top clients are Investment Companies (IC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 28 Fund Administrators, 10 Fund Auditors, 0 Prime Brokers, 26 Custodians and 22 Marketers. It does not report a third-party Fund Administrator in 117 private funds with $28.49Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
HSBC GROUP names 1 sub-adviser GRAYCLIFF PARTNERS LP to 9 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In HSBC GROUP's case, they have 35 business conditions that require high process maturity and 5 Watch Factors.