Clients
HSBC Global Asset Management (usa) serves 95 clients, 49 of them pooled investment vehicles. The average client has about $1.65 billion with the firm.
- Investment companies2 clients34%
- Pooled investment vehicles49 clients49%
- Insurance companies11 clients6%
- Corporations and other businesses30 clients8%
- OtherPension and profit-sharing plans, Sovereign wealth funds and foreign official institutions2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 2 | $53,871,681,758 | 34.4% | $26.94B |
| Pooled investment vehicles | 49 | $76,821,697,275 | 49.1% | $1.57B |
| Pension and profit-sharing plans | 2 | $1,315,091,117 | 0.8% | $657.5M |
| Insurance companies | 11 | $9,237,568,481 | 5.9% | $839.8M |
| Sovereign wealth funds and foreign official institutions | 1 | $2,227,873,785 | 1.4% | $2.23B |
| Corporations and other businesses | 30 | $13,087,303,118 | 8.4% | $436.2M |
| Total | 95 | $156,561,215,534 | 100% | $1.65B |
- Clients
- 2
- Regulatory AUM
- $53,871,681,758
- Share
- 34.4%
- Avg. per client
- $26.94B
- Clients
- 49
- Regulatory AUM
- $76,821,697,275
- Share
- 49.1%
- Avg. per client
- $1.57B
- Clients
- 2
- Regulatory AUM
- $1,315,091,117
- Share
- 0.8%
- Avg. per client
- $657.5M
- Clients
- 11
- Regulatory AUM
- $9,237,568,481
- Share
- 5.9%
- Avg. per client
- $839.8M
- Clients
- 1
- Regulatory AUM
- $2,227,873,785
- Share
- 1.4%
- Avg. per client
- $2.23B
- Clients
- 30
- Regulatory AUM
- $13,087,303,118
- Share
- 8.4%
- Avg. per client
- $436.2M
Total
- Clients
- 95
- Regulatory AUM
- $156,561,215,534
- Share
- 100%
- Avg. per client
- $1.65B
What it does
HSBC Global Asset Management (usa) provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets and performance-based fees.
HSBC Global Asset Management (usa) provided financial planning to 0 clients last fiscal year and advises no private funds.
95.3% of assets ($149.15B across 88 accounts) are managed with discretion; $7.41B across 7 accounts are not. 58% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds82%
- Investment grade corporate bonds53%
- U.S. government and agency bonds23%
- Sovereign bonds6%
- Cash18%
Custodians
HSBC Global Asset Management (usa)’s client accounts are held mainly at US Bank, N.A., with 7% of managed assets, and The Hong Kong and Shanghai Banking Corporation Limited, with 5%. HSBC Global Asset Management (usa) has custody of client assets.
- The Hong Kong and Shanghai Banking Corporation LimitedThe Hong Kong and Shanghai Banking Corporation Limited · Kowloon · $7.37B5%
- US Bank, N.A.US Bank, N.A. · Cincinnati, OH · $10.45B7%
- All other custodians$138.74B89%
Ownership and leadership
HSBC USA, Inc. owns 75% or more of HSBC Global Asset Management (usa), and Dominic Skevington is its CEO.
- Owns 75% or more of HSBC Global Asset Management (usa) Inc.
HSBC USA, Inc.
Control person · since January 2021
- Owns 75% or more of HSBC USA, Inc.
HSBC North America Holdings Inc.
Control person · since January 2004
- Owns 75% or more of HSBC North America Holdings Inc.
HSBC Overseas Holdings (uk) LTD
Control person · since July 2005
- Owns 75% or more of HSBC Overseas Holdings (uk) LTD
HSBC Holdings PLC
Control person · since August 2002
Leadership
- Dominic SkevingtonChief Executive Officer, Director
- Patricia CarboneChief Financial Officer
- Stefano MichelagnoliChief Operating Officer
- Ian G ShawChief Compliance Officer
- Randeep BrarChief Risk Officer, Director
- Jaron CampbellDirector
- John ChiodiInterim Chief Investment Officer
- James CurtisLegal Counsel
- Racquel OdenChairperson, Director
Staff
- 100 employees
- 65 in advisory functions
- 32 broker-dealer reps
Fees
HSBC Global Asset Management (usa) is paid through a percentage of assets under management and performance-based fees.
HSBC Global Asset Management (usa)’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, HSBC Global Asset Management (usa) has 1 office, with 2 listed addresses across 2 states.
California · 1 listed address
- One Embarcadero Center, San Francisco
New York · 1 listed address
- 66 Hudson Boulevard, Floor 29, New YorkHQ
Registration details
- Legal name
- HSBC Global Asset Management (usa) Inc.
- Headquarters
- 66 Hudson Boulevard, Floor 29, New York, NY 10001
- Phone
- 212-525-4107
- Website
- Not reported
- SEC file
- 801-25999
- Structure
- New York corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does HSBC Global Asset Management (usa) have?
HSBC Global Asset Management (usa) has 95 clients and manages $156.6 billion for them, as of September 2026. They include 49 pooled investment vehicles, 30 corporations and other businesses and 11 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 September 2026
What services does HSBC Global Asset Management (usa) offer?
HSBC Global Asset Management (usa) provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does HSBC Global Asset Management (usa) use?
HSBC Global Asset Management (usa)’s separately managed account assets are held at US Bank, N.A. (Cincinnati, OH), with $10,449,164,899 and The Hong Kong and Shanghai Banking Corporation Limited (Kowloon), with $7,373,991,839. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 September 2026
How many financial advisors does HSBC Global Asset Management (usa) have?
HSBC Global Asset Management (usa) has 0 investment adviser representatives registered with state securities authorities, out of 100 employees, and 65 perform investment advisory functions. 32 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does HSBC Global Asset Management (usa) invest in?
At the end of its last fiscal year, HSBC Global Asset Management (usa)’s separately managed accounts held 53% investment grade corporate bonds, 23% U.S. government and agency bonds, 18% cash and equivalents and 6% sovereign bonds. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns HSBC Global Asset Management (usa)?
HSBC Global Asset Management (usa) is owned through a chain of holding companies by HSBC Holdings PLC. Its direct owner is HSBC USA, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 September 2026
How does HSBC Global Asset Management (usa) get paid?
HSBC Global Asset Management (usa) is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
