HSBC HK sees MMF hit HK$11.8bn; bank appoints group CFO, announces restructure

The fund has more than doubled in size over the last year; meanwhile, the bank is set to restructure from January 1, 2025 and has appointed Pam Kaur as its next group CFO.
HSBC HK sees MMF hit HK$11.8bn; bank appoints group CFO, announces restructure

HSBC’s Hong Kong money markets fund (MMF), which operates under HSBC Asset Management, has more than doubled in size over the last year.

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