HSBC relocates global CIO to Hong Kong

HSBC Global Asset Management has relocated its global chief investment officer for wealth from London to Hong Kong.

Simona Paravani, who moves with immediate effect, joined HSBC Global Asset Management in 2004 as asset allocation economist and was chief

investment officer in the US from 2007 to early 2009. Prior to taking up her current position in July 2010, she was global investment strategist and lead

portfolio manager for the World Selection portfolios.

Ayaz Ebrahim, CIO, Asia-Pacific of HSBC Global Asset Management, said:  “Her relocation reflects our commitment to address the growing need for

professional wealth management by Asian investors, as wealth is accumulating domestically and stronger fundamentals and corporate earnings growth

will continue to attract liquidity to the region.”