Morrell replaces James Hughes who is relocating to Hong Kong to head up the multimanager business for the Asia-Pacific region. Hughes will retain the role of global head of business development for HSBC’s multimanager team.
Morrell joined HSBC in 2004 and is currently in charge of the seven-strong global real estate investment team within the multimanager arm. He will retain both this and his role as lead manager on the HSBC open global property fund.
HSBC multimanager investments for Europe head Raphael Sobotka will retain investment responsibility for Europe, Middle East and Africa for asset classes excluding real estate.
HSBC multimanager chief executive Joanna Munro says: “Over the last year, multimanager has been developed as a specialist business within HSBC Global Asset Management. Guy Morrell’s appointment, together with James Hughes’s relocation to Hong Kong to build up that business, Lane Prenevost’s similar remit for the Americas and Raphael Sobotka’s responsibilities EMEA, mean we now have a strong platform to build the business globally.”