The sterling share class will be priced daily and offered for both income and accumulation share classes.
The nine funds are positioned within HSBC’s Luxemburg-domiciled global investment fund’s range and include the £4bn GIF Indian equity fund, which is managed by Sanjiv Duggal and the £1.5bn GIF Brazil equity fund, managed by Jose Cuervo and Natalia Kerkis.
HSBC Global Asset Management managing director wholesale Andy Clark says: “The lack of accessibility to subscribe, redeem and receive sterling quoted prices has often been cited as an obstacle for inclusion by many platforms and, with this removed, we expect these key HSBC funds to become far more widely accessible.”
Chinese equity, Russia equity, Bric equity, global emerging market bond, global emer-ging market local debt, Latin American equity and Brazil bond have also had a sterling share price introduced.
Earlier this year, the Investment Management Association approved the inclusion of offshore funds into UK sectors.
Chelsea Financial Services managing director Darius McDermott says: “We can use offshore funds if they are available on platforms and if this makes these types of funds more accessible that can only be good news.”