Asset Management

HSBC adds BlackRock hedge fund specialist to investment team

John Ware has joined the fund manager’s alternatives arm in London as a senior product specialist

HSBC Global Asset Management has hired an executive from rival BlackRock to help it develop hedge fund-like investment products for large institutions.

The fund manager’s $40bn alternatives arm has brought in John Ware as a senior product specialist in London. He will report to Steven Ward, HSBC’s global head of alternative products.

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