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HSBC Offers FoHF Renminbi Share Class

HSBC Alternative Investments has extended the HSBC GH Fund of Hedge Funds to clients holding offshore renminbi deposits.

    HSBC Alternative Investmentshas extended theHSBC GH Fund of Hedge Funds客户持有离岸人民币存款,HFMWeekreports. The new share class will be the first renminbi fund of hedge funds offering.

    The fund already offers currency classes hedged in Euro, Sterling, Swiss Franc, Singapore Dollar, Japanese Yen and Australian Dollar, addsInternational BusinessTimes. The HSBC GH Fund had $2.6billion in asset under management at the end of March this year.

    Click here for the story fromHFMWeek.

    Click here for additional coverage from InternationalBusiness Times.

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