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HSBC links offshore OpenFunds range with Zurich International

HSBC has announced its open global distribution and open global return funds have linked to Zurich International Life’s International Wealth Account.

The move is effective immediately and means offshore intermediaries can combine the global multi-asset approach of the HSBC OpenFunds range with the tax advantages offered by an offshore life wrapper.

HSBC Investments head of external distribution Dan Rudd says: “The Zurich International Wealth Account is one of the premier league platforms available to offshore intermediaries. We believe the fact that HSBC’s OpenFunds have met Zurich’s rigorous selection regime demonstrates the high calibre nature and strong demand for these funds.”

Zurich International chief executive officer Martin Davis says: “The move helps to strengthen and enhance the IWA proposition by offering clients access to HSBC Investments’ new innovative breed of multi asset, globally diverse funds.”


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