Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Edge, Chrome, Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.

See how to update your browser

Fixed income

Our international fixed income specialists, supported by our global research platform, focus on delivering strong risk-adjusted returns. We offer a comprehensive range of strategies to meet client objectives.

View full list of fixed income funds.

Benchmarked active Benchmarked Passive/Low TE Benchmark agnostic Low rotation Alternative weighted schemes
  • Traditional active investing based on extensive research resources
  • Combination of top down and bottom up convictions
  • Relies on fundamental analysis, in-depth credit research to assess the effective risk entailed and proprietary valuation models
  • Cost efficient beta management to be used as building block or to adjust allocations
  • Relies on our research resources to identify factors influencing indices
  • Tracking techniques (replication or stratified sampling)
  • Consistency, discipline and attention to details
  • Total Return solutions to contain volatility in fast moving markets
  • Beta positioning that reflects economic and credit cycle anticipations
  • Duration / currency exposure to hedge or expose the portfolio
  • Volatility and risk mitigation through a wider opportunity set
  • Buy and maintain solutions with strict investment constraints
  • Relevant for balance sheet optimisation by reducing capital cost and / or capital gain
  • Relies on our research resources to identify relative valuation opportunities
  • Solutions designed to access to market beta with an improved Sharpe ratio
  • AWS avoid the well-known shortcomings of market cap-weighted indices: concentration and drifts in credit quality and allocation
  • Some segments present ineffective risk / return profiles and should be avoided

A systematic, efficient approach

Our fixed income strategies are designed to deliver the benefits of a global platform with local investment team autonomy. This approach enables us to provide a targeted range of global, regional and single country investment strategies.

Our investment culture empowers flexible and timely portfolio management decisions. The global platform ensures robust, transparent and consistent processes.

A strong team-based approach incorporates wider perspectives for better, more resilient long-term outcomes.

Connecting clients to opportunities

As a global organisation, we leverage the expertise of our global product specialists and apply what works for clients in one area to clients in other parts of the world.

Deep research capabilities

Our global fixed income platform is supported by over 170 portfolio management professionals and 45+ seasoned credit analysts specialised by geography and by sector.

With one of the largest and most experienced networks of credit research talent in the asset management industry, we have the resources to achieve competitive risk-adjusted returns.


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.

Fixed income investments are subject to several specific risks, including but not limited to:

  • Interest rate risk: The value of fixed income securities typically decreases when interest rates rise
  • Credit risk: Changes in the credit quality of the issuer may affect the value of the securities. A deterioration in an issuer’s credit rating may lead to capital losses
  • Liquidity risk: Some bonds or fixed income instruments may be illiquid or may become less liquid in stressed market conditions
  • Inflation Risk: Inflation may erode the purchasing power of income generated by fixed income securities
  • Currency risk (if applicable): Where fixed income investments are denominated in foreign currencies, exchange rate fluctuations may impact returns

Past performance is not a reliable indicator of future results. Investors should review the Key Information Document (KID) and the Prospectus or Offering Memorandum for full details on the associated risks before making any investment decision.

Focus on

Find a fund

View our fixed Income funds

Investment expertise

Back to top