HSBC Saudi Arabia has expanded its existing fund administration capabilities to include private assets, in a move that supports the rising allocation of asset owners, asset managers and financial sponsors towards private markets. For more than two decades, HSBC has been a leading provider of fund administration services to Saudi Arabia domiciled funds. As investors worldwide diversify into private markets, Saudi Arabia’s asset managers are evolving their offerings to cater for increased demand. With the inclusion of private asset solutions on its platform, HSBC becomes one of the few global ...