HSBC AM Appoints Global Head of Real Assets

The asset management arm of HSBC has appointed a Singapore-based global head of real assets.

HSBC Asset Management (AM) has appointed Karim Ghannam as global head of real assets and head of alternatives, Singapore, according to a statement, effective August 8. Based in Singapore, he reports to Joanna Munro, CEO of alternatives at HSBC AM.

Ghannam has more than 25 years of experience, most recently as CEO of 8F Asset Management, an impact-focused private equity fund manager which he co-founded in 2016. Prior to that, he held various leadership roles in alternatives and private markets at Deutsche Bank and Argan Capital.

«We are delighted to welcome Karim to the team as we look to scale up our real assets business and tap into Singapore’s position as a key international wealth hub,» commented Munro. «Karim brings valuable industry insight as we continue to enhance our real assets platform and deliver comprehensive investment solutions to our clients.»