VANCOUVER, Nov. 27 /CNW/ - HSBC Investments (Canada) Limited has
appointed Winslow Capital Management Inc. ("Winslow") as investment advisor to
the HSBC MM U.S. Growth Equity Pooled Fund replacing Marvin & Palmer
Associates Inc., effective by 31 December 2007.
Marc Cevey, Chief Executive Officer, HSBC Investments (Canada) Limited,
said: "The appointment of Winslow follows a thorough review as part of the
ongoing analysis conducted by the Multimanager team at HSBC Investments
(Canada) Limited. Winslow's rigorous investment process, philosophy and strong
risk management procedures make them a valuable addition to our roster of
leading investment management firms."
Winslow is a Minneapolis-based investment manager that specializes in
U.S. Growth equities and has been active in investment management since 1992.
The firm has a proven and stable investment team with a strong performance
track record. As of September 2007, Winslow had US$3.1 billion in assets under
The HSBC MM U.S. Growth Equity Pooled Fund is available to Canadian
investors in the Portfolio Advantage(R) and Private Investment Management
services offered by HSBC Investments (Canada) Limited. The Fund is also
available to Canadian investors in The Ruby Portfolio(R) offered by HSBC
Securities (Canada) Inc.
HSBC Investments (Canada) Limited and HSBC Securities (Canada) Inc. are
wholly-owned subsidiaries of HSBC Bank Canada. HSBC Bank Canada, a subsidiary
of HSBC Holdings plc, has more than 170 offices. With around 10,000 offices in
83 countries and territories and assets of US$2,150 billion at 30 June 2007,
the HSBC Group is one of the world's largest banking and financial services
For further information:
For further information: Media enquiries: Ernest Yee, Assistant Vice
President, Public Affairs, HSBC Bank Canada, Tel: (604) 641-2973; Michael
Edmonds, Senior Manager, Public Affairs, HSBC Bank Canada, Tel: (416)