HSBC Global eyes rising profitability trend in Asia

Pedro Gonçalves
HSBC Global eyes rising profitability trend in Asia

HSBC Global Asset Management is looking at growing opportunities in Asia as global growth is boosting profitability in the region. "What we are seeing is a very strong trend of profitability in Asia", said Bill Maldonado, HSBC Global Asset Management's CIO for Equities globally and the CIO for Asia-Pacific during a meeting with journalists in London. Maldonado warns that the narrative around Asia is not accurate. "We have this very healthy profit growth and yet what you hear people talk...

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