HSBC Global Private Banking (HSBC GPB) raised a record $3.2 billion in alternative investments inflows in 2021.
The $2.3 billion raised in 2020 means the private bank saw an increase of $900 million year-on-year.
The alternative investment inflows comprised $1.9 billion from Asia, while EMEA recorded $1.3 billion.
HSBC GPB believes the uptick was driven by continued momentum in hedge funds, coupled with a strong performance across private markets.
Clients in Asia...
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