The expertise of HSBC Private Bank France, through its management company, has been awarded with the palme d'or "Grands Réseaux".
During the ceremony "Palmes 2008 de la Vie Financière" which took place in Paris on February 15th, four asset management companies of the HSBC Group in France, HSBC Investments, Halbis, Sinopia and the asset management company of HSBC Private Bank France have been awarded for the performances of their funds, included in the HSBC selection range.
Among the 12 funds selected for the prize, 3 of them are managed by HSBC Private Bank’s asset management company : Europe Value, Patrimoine and OPA Monde.
The « Palmes Grands Réseaux » awards companies with funds providing above average long term performances with controlled risks.
Only funds with at least 150 million assets and 3 years old (December 31th 2004 – December 28th 2007) have been nominated for this ranking.