Mathieu Forcioli, HSBC
Forcioli will be based in Hong Kong and will be under the bank’s investments and wealth solutions (IWS) division for its wealth and personal banking (WPB) business.
“We are making huge strides to bolster our wealth products and platforms for our clients, and the alternatives proposition is a key element of that,” said Lavanya Chari, global head of investments and wealth solutions, HSBC.
“[Forcioli]’s vast experience in alternatives will help boost our wealth proposition for our WPB clients, as we realise our ambition of becoming Asia’s leading wealth manager.”
As head of global and Apac alternatives, Forcioli will report to Jan-Marc Fergg, global head of ESG & managed solutions, IWS, and Stefan Lecher, regional head of IWS, Asia Pacific.
He is currently working at Antarctica Asset Management as the head of Antarctica Private, responsible for the private markets offering globally.
Prior to that, Forcioli set up and grew the Asia operations of Moonfare and led the wealth management private markets distribution team and the institutional investments group for Apac at UBS.
He also has experience in various equity capital markets, structuring and derivatives positions in the investment banking divisions of UBS, Merrill Lynch and Calyon.
In 2021, HSBC Global Private Banking raised approximately $3.25bn in private client commitments to alternatives, up from $2.3bn in 2020.
This includes $1.9bn from Asia and $1.3bn from Europe, the Middle East and Africa