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Fixed Income

A specialised manager focused on delivering sustainable, value-added solutions

Fixed Income investing

At HSBC Asset Management, our Fixed Income team is focused on helping clients navigate markets with an active, research-driven approach and a strong relative-valuation discipline. We aim to deliver resilient outcomes across market cycles by combining deep fundamental insight with robust portfolio construction.

View full list of fixed income funds.

Where we specialise

We focus on credit, emerging markets and selected areas in developed markets, including:

  • Credit: Investment grade, High yield, and Asset-backed securities (ABS)
  • Emerging markets: Global emerging markets debt, and Asian bonds
  • Developed markets: Global and euro bonds, Inflation-linked bonds, and Short duration strategies

Research-led active fundamental approach

  • We run an active fundamental, research-led approach underpinned by disciplined relative value. In emerging and credit markets, we seek opportunities where risk premiums diverge from fundamentals, using bottom-up credit research and top-down macro analysis.
  • We complement this with quantitative techniques, particularly in liquid, efficient markets such as developed government bonds and currencies. Our top-down views are informed by global strategic forums that develop investment scenarios, risks and themes

Integrating responsible investment

  • We’ve integrated sustainability into our corporate credit research process for the past 20 years, alongside active engagement with companies to influence and monitor their ESG risk trajectories
  • We offer innovative solutions, including ESG-enhanced, green and impact investing strategies

We aim for best-in-class risk-adjusted performance by:

  • Identifying, pricing and combining risks
  • Conducting intensive research which we believe is key to delivering consistent performance
  • Combining effective relative valuation with robust top-down portfolio management to help deliver higher information ratios
Risk Warning
The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. The value of the underlying assets is strongly affected by interest rate fluctuations and by changes in the credit ratings of the underlying issuer of the assets.