HSBC Appoints Joseph Molloy as Head of Passive Equity

HSBC Global Asset Management, the investment management arm of HSBC Holdings Plc, has appointed Joseph Molloy as its newest Head of Passive Equity, following her recent recruitment to the company earlier this month, according to a recent Reuters report.

Last month, HSBC Holdings recruited Kevin Geiger as its newest vice president for sales and Marketing of structured products. He is based out of New York in his new role following a number of roles in the region.

Mr. Molloy originally joined HSBC Global Asset Management back on March 9. In his new role as head of passive equity, he will be based out of London. Prior to landing at HSBC Global Asset Management, he worked at Legal & General Investment Management as its global head of index Equities .