HSBC among first global asset managers to launch onshore funds in the UAE

GLOBAL: HSBC launched its new UAE asset management business and announced the registration of 10 new onshore investment funds with the Securities & Commodities Authority of the UAE – becoming one of the first global asset managers to establish and register an onshore fund range in the Emirates.

These onshore funds will provide retail and institutional investors with access to globally diversified strategies that are domiciled in the UAE and managed by HSBC Asset Management’s network of 600+ investment specialists. Spanning a range of asset classes, risk profiles and investment themes, the onshore platform complements HSBC’s existing international fund and securities offering, including its global trading capabilities, to provide access to both local and global opportunities.

HSBC Asset Management is a leading provider of Islamic investment strategies and offers one of the largest Shariah compliant product ranges globally in terms of both number of funds and AuM – at over US$10 billion as of October 2025. For the UAE onshore offering, the 10 funds are:

• [HSBC UAE Funds] – Portfolios (Lux) World Selection 2 Feeder Fund
• [HSBC UAE Funds] – Portfolios (Lux) World Selection 3 Feeder Fund
• [HSBC UAE Funds] – Portfolios (Lux) World Selection 4 Feeder Fund
• [HSBC UAE Funds] – Portfolios (Lux) World Selection 5 Feeder Fund
• [HSBC UAE Funds] – HGIF (Lux) India Fixed Income Feeder Fund
• [HSBC UAE Funds] – HGIF (Lux) Strategic Duration and Income Bond Feeder Fund
• [HSBC UAE Funds] – HGIF (Lux) US Income Focused Feeder Fund
• [HSBC UAE Funds] – HIF (Lux) Islamic Global Equity Index Feeder Fund
• [HSBC UAE Funds] – ICAV (Ireland) Shariah Multi Asset Feeder Fund
• [HSBC UAE Funds] – ICAV (Ireland) Global Sukuk Feeder Fund