UK - HSBC Investments has appointed Christian Deseglise to head up its US$60bn emerging markets business.
As global head of EM, Deseglise will be responsible for the ongoing development of the business of HSBC’s group investment business worldwide.
Deseglise, who has been with the firm since 1990, said emerging markets had shown impressive rates of growth, and added: “As a result, the world's economic centre of gravity has started to shift from the developed world towards the emerging countries."
Deseglise had previously worked on developing the firm’s strategy for emerging markets.
Prior to 2004, Deseglise worked in capital markets, debt advisory and asset management for emerging markets, starting his HSBC career in Paris in 1990.
He will be based in New York and will report to global business development head Farley Thomas and HSBC Investments CEO Steve Baker.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
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