Three Quit Mizuho To Run Japanese Equity Neutral Fund At HSBC

HSBC Alternative Investments Limited has appointed Philippe Huber, Alex de Korodi and Daniel Delchat with effect from April 2003 to launch a new Japanese Equity Market Neutral fund this summer. The team, headed by Philippe Huber, will be based in

By None

HSBC Alternative Investments Limited has appointed Philippe Huber, Alex de Korodi and Daniel Delchat with effect from April 2003 to launch a new Japanese Equity Market Neutral fund this summer.

The team, headed by Philippe Huber, will be based in London. All three join HSBC from Mizuho Bank in Zurich where they ran a Japanese equity proprietary portfolio.

Philippe Huber has over fifteen years’ experience in Japanese equities. He joined Fuji Bank in 1998 and was later promoted to head of Japanese equity capital markets for Mizuho Financial Group. Huber previously headed trading and sales teams at UBS Securities in Geneva, London, Tokyo and Zurich.

Alex de Korodi has worked with Philippe Huber at Mizuho as an equity analyst since last year. He was a member of the Japanese equity sales and research team at Merrill Lynch Capital Markets in Zurich from 1997. Before that he sold Japanese equities to institutional clients, based in French-speaking Switzerland, for Nomura Bank in Geneva.

Daniel Delchat joined Mizuho from UBS Private Bank in Geneva where he traded Japanese equities and derivatives, international convertible bonds, structured products and alternative investment products.

“The Japanese Market Neutral Fund is another important milestone in the development of HSBC Alternative Investments Limited and represents the second of a planned roll-out of several new funds in 2003,” says Bill Maldonado, chief executive officer of HSBC Alternative Investments Limited. “The mixture of skills in this new team and the extensive track record and experience of the individuals will enable us to deliver a high quality product to our customers.”

«