The HSBC values shape our approach to investment business which is characterized by four key beliefs.
- In connecting clients with opportunities - we are in the markets that matter most to our clients, both developed and faster growing and share expertise and thinking across all our markets
- In doing the right thing for our clients - we don't believe in taking undue risks with our client’s money and try to make costs and processes as transparent as possible
- In long and successful client relationships - we seek to provide investment solutions that meet our client’s long-term needs and follow a disciplined investment process
- Being part of the HSBC Group brings strengths that benefit our clients - we share HSBCs culture and attitude to risk and strong insight into client needs through on-the-ground presence
These beliefs are further supported by an Investment Philosophy which demonstrates clarity and focus, discipline and application and high standards of investment governance, integrity and longevity of client relationships.
A cornerstone of HSBC Global Asset Management’s strategy is a focus on corporate governance to ensure that we fulfil our fiduciary responsibilities to clients. The aim of focusing on governance in everything we do is to ensure that we are responsibly fulfilling the trust that our clients are placing in us. The interests and indeed ultimate success of our clients is integral to our business strategy and governance approach.
As part of the Operational Risk Management Framework, HSBC has adopted the Three Lines of Defence model to underpin our approach to strong risk management. The Three Lines of Defence model defines who is responsible to do what to identify, assess, measure, manage, monitor, and mitigate operational risks, encouraging collaboration and enabling efficient coordination of risk and control activities.
First Line of Defence comprising the majority of employees, identifies the risks and ensures that the right controls are in place to prevent, manage, and reduce the risks.
Second Line of Defence sets policy and guidelines for managing operational risks, and provides advice and guidance to support these policies.
Third Line of Defence is Global Internal Audit which independently assures that the Group is managing operational risk effectively.