HSBC today announced the launch of its new UAE asset management business and the registration of ten new onshore investment funds with the Securities & Commodities Authority (SCA) of the UAE, making HSBC Asset Management one of the first global asset managers to establish and register an onshore fund range under the UAE’s evolving investment funds regime. This landmark development aligns with recent regulatory reforms designed to encourage global asset managers to establish domestic UAE funds and deepen local capital markets. The new HSBC UAE onshore funds will provide retail ...