HSBC Global Private Banking launches discretionary digital platform in Asia

It makes use of building blocks to construct clients’ portfolios.

HSBC Global Private Banking has launched its discretionary digital platform in Asia, enabling private banking clients 24/7 access to their portfolio holdings as well as manager updates.

The discretionary programme, now available online, makes use of building blocks to construct clients’ portfolios. It is exclusively available for HSBC GPB clients in Asia with a minimum investment of US$200,000.

In particular, the discretionary portfolio building blocks offer equity, fixed income and multi-asset portfolios, managed for HSBC GPB by HSBC Asset Management and third-party managers. 

It is suitable for clients looking to build globally diversified discretionary portfolios that can be customised based on their needs, attitude to risk and investment objectives, the bank added in a press release.

HSBC added that the DPM strategy now represents over 10% of HSBC GPB’s DPM assets under management in Asia.