- He will be responsible for the commercial development of the firm’s Institutional Business and leading its institutional sales and client management teams
- Griffiths takes over from Brian Heyworth who left the firm last year
- He joins from First Sentier Investments where he was Chief Investment Officer for Fixed Income & Multi Asset Solutions.
HSBC Asset Management has announced in a press release the appointment of Paul Griffiths as its new Global Head of Institutional Business. Based in London, Griffiths will start on May 5 and report to Nicolas Moreau, CEO.
With over 30 years’ experience in the industry, he will be responsible for the commercial development of the firm’s Institutional Business and leading its institutional sales and client management teams. He takes over from Brian Heyworth who left the firm last year.
Griffiths joins from First Sentier Investments where he was Chief Investment Officer for Fixed Income & Multi Asset Solutions. Prior to that, he held senior roles with firms including Aberdeen Asset Management, Credit Suisse, Axa and lnvestec. He is also the founder investor of the UK's first student run investment portfolio based at the University of York.
“Paul’s extensive investment management experience and deep knowledge of the needs of institutional clients will prove invaluable as we continue to develop our proposition and differentiate our offering in the market. I look forward to welcoming him to the team", Moreau has commented.
Meanwhile, Griffiths has highlighted that HSBC AM has seen significant growth in its institutional business over the past year: "This has been driven by bringing a strong set of innovative products to the market and I am thrilled to be part of its future development.”
In 2020, HSBC Asset Management set out its strategy to re-position the business and focus it on core solutions, emerging markets -specially Asia- and alternatives, with client centricity, investment excellence and sustainable investing as key enablers. The firm restructured its business to establish a more market competitive and client-centric operational model. As part of this, it changed its distribution model to operate with a global approach with the creation of Institutional and Wholesale client businesses.