UK - HSBC Asset Management's three cash funds have been awarded triple-A ratings from global ratings agency, Moody's Investors Service.
Moody’s said the three HSBC funds – its US dollar, euro and sterling liquidity funds – were awarded its highest rating due to the quality of their holdings, liquidity, and HSBC’s “sound” trading, research, audit and compliance procedures.
HSBC Asset Management UK chief executive officer, Dean Buckley, said: “We believe liquidity funds will be a key area of growth in the coming year.”
Here it is... The video of all the highlights from last night's UK Pensions Awards.
Here they are...all the pictures from the UK Pensions Awards 2019.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.