HSBC appoints institutional sales manager

31 March 2011
| By Chris Kennedy |

HSBC Bank Australia has appointed Chris Comino as associate director of client and consultant relationships in its global investments business.

Comino will be tasked with growing institutional business in Australia, managing relationships with institutional clients and consultants. He will also be responsible for the marketing and distribution of products manufactured by HSBC’s specialist asset management business divisions, HSBC stated.

HSBC’s head of global investments in Australia Geoffrey Pidgeon said Australia was a key strategic location due to the growth of the superannuation industry. He added that the bank saw value in providing diversified strategies to the market.

“We are also seeing growing interest from institutional clients in customised hedge fund solutions tailored to their own alternative investment programs. This is an area of global strength for HSBC,” he said.

“Inflation-linked products are another area of growing demand from institutions, as they seek to manage exposure to market factors like output gaps, food and energy prices, and the effects of monetary policy.”

Prior to joining HSBC Comino was head of sales and marketing at Merrill Lynch Structured and Alternatives group, and also worked for HFA Asset Management, IPAC Investment Services and State Street.

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