HSBC Asset Management Joins LGBT Great
LGBT Great today announced that HSBC Asset Management (HSBC AM), a leading global asset manager with USD619billion in assets under management1 and offices in over 25 markets, has joined the organisation as a corporate member. The firm has committed to increasing awareness of LGBTQ+ equality and inclusion amongst its employees and plans to support LGBT Great in increasing visibility across the asset management industry.
HSBC AM has developed an internal diversity, equity, and inclusion (DE&I) programme, sponsored by its senior leadership team, with global workstreams focussing on diversity dimensions such as gender, LGBTQ+, ethnicity, disability, social mobility, faith, mental health, working parents and investments. As part of its focus on LGBTQ+, the firm has been promoting LGBTQ+ inclusiveness and allyship among its senior leaders and colleagues around the world and creating a platform for LGBTQ+ colleagues and allies to meet and discuss LGBTQ+ agenda and activities.
LGBT Great’s member forums provide financial services organisations with the platform to develop new thinking and pragmatic approaches to evolving policy issues. In its mission to lead the agenda and improve the lives of LGBTQ+ people, HSBC AM will work with LGBT Great to bring together more firms across financial services, to raise the visibility of role models and further develop LGBTQ+ focused research.
Matt Cameron, the Global Managing Director of LGBT Great, comments:
"We are delighted to welcome HSBC AM to our global membership community and look forward to engaging with their employees globally. The firm is fully committed to supporting the LGBTQ+ community and others through engagement in DE&I programmes, and has made a fantastic start in pulling together an ambitious global team to drive this work forward. LGBT Great will support HSBC AM in building on these foundations and taking its approach towards LGBTQ+ diversity, equity and inclusion to even greater heights”.
Stuart White, Global Head of Strategy and UK & International CEO at HSBC AM, added:
“We’re extremely motivated to join LGBT Great. As a global asset manager, we believe that diversity brings benefits for our people, our clients and our business. We are committed to the LGBTQ+ agenda and strive towards building a more inclusive environment internally and beyond."
About LGBT Great
LGBT Great is a membership organisation that specialises in developing diversity and inclusion within the global financial services industry. Our vision is for the industry to become the most trusted sector of choice for LGBT+ talent, clients and investors with every firm advocating visibly. We believe in a data-driven approach to DE&I. Our iiBT metrics are designed to provide an industry-specific framework to measure, role model and shine a light on success. Project 1000 is our five-year drive to recruit one-thousand LGBT+ and ally role models within the industry. LGBT Great works collaboratively by supporting members and partners to better understand intersectional diversity and inclusion issues through our innovative insights, visibility, and outreach programmes.
About HSBC Asset Management
HSBC Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Asset Management connects HSBC’s clients with investment opportunities around the world through an international network of offices in 25 countries and territories, delivering global capabilities with local market insight. As at 30 September 2021, HSBC Asset Management managed assets totalling US$619bn on behalf of its clients. For more information, see www.assetmanagement.hsbc.com/uk HSBC Asset Management is the brand name for the asset management business of HSBC Group, which includes the investment activities provided through our local regulated entity, HSBC Global Asset Management (UK) Limited
 – As of 30 September, 2021