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HSBC Mutual Fund: Change in Fund Manager


HSBC Mutual Fund has announced the appointment of Mr. Tushar Pradhan, currently the Chief Investment Officer, as the fund manager for certain schemes of the fund, with effect from September 29, 2011. Mr. Pradhan will continue to serve as the Chief Investment Officer of the Mutual Fund. Now, Mr. Pradhan and Mr. Jitendra Sriram will manage HSBC Equity Fund, Unique Opportunities Fund, India Opportunities Fund and Dynamic Fund (Equity Portion), together. Further, Mr. Niren Parekh will cease to act as the fund manager of the HSBC Emerging Markets and HSBC Brazil Fund, with immediate effect.