HSBC Global Asset Management

www.assetmanagement.hsbc.com

HSBC Global Asset Management Reviews

Updated January 19, 2015
Updated January 19, 2015
12 Reviews
3.4
12 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
HSBC Global Asset Management Global CEO Sridhar Chandrasekharan
Sridhar Chandrasekharan
4 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    very good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Global Asset Management

    Pros

    very organized and focused company to work for

    Cons

    A lot of pressure everyday

  2.  

    Vice President, Marketing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President, Marketing in New York, NY
    Current Employee - Vice President, Marketing in New York, NY

    I have been working at HSBC Global Asset Management full-time (more than 5 years)

    Pros

    This organization has a good culture and respects work life balance and focuses on sustainability. The people are fantastic here and it has great leadership.

    Cons

    The technology can be improved to compete with today's standards. Currently, the technology is sub-par.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    It's not what you know, it's who you know (US office)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at HSBC Global Asset Management full-time (more than 5 years)

    Pros

    The benefits and perks are pretty good.

    Cons

    They don't promote people who truly deserve it, but if you know someone, you're in. Office politics suck, and procedures are drowning in red tape. It takes 6 weeks for 10 people to get email addresses! I had to say "it's not in my job description" not because I didn't want to do something, but because my manager told me to say that. Workload is not evenly distributed between peers. If you don't have the right school on your resume, your chances of getting hired are slim. Performance reviews are a joke, and a waste of time.

    Advice to ManagementAdvice

    Consider implementing peer reviews in addition to standard performance reviews. The combination might better reflect someone's job performance. Don't cut people's salaries or even position to pay for mistakes made offices in other countries. Pay attention to employees' actions and intelligence, not just their resumes. You have lost many valuable individuals through ignorance and office politics.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Useful training

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Global Asset Management

    Pros

    Large education & training budget, good work/life balance

    Cons

    Bad pay, slow moving company, bureaucracy

  6.  

    a friendly atmosphere and a good location. The building is great.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HSBC Global Asset Management

    Pros

    I t had a friendly atmosphere and a good location. The building is great. There are a lot of opportunities to travel, if you are keen.

    Cons

    Can be very competitive and a stressful atmosphere in some depts.

  7. 2 people found this helpful  

    General overview

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quantitative Analyst in London, England (UK)
    Current Employee - Quantitative Analyst in London, England (UK)

    I have been working at HSBC Global Asset Management full-time (more than a year)

    Pros

    Good reputation, good name to have on CV. Good work life balance. Great location

    Cons

    Total lack of process (investment process, risk analysis, etc) - as a result you have to constantly watch you back. I worked as a quant analyst. Was constantly asked (verbally rather than in writing) to tweak models so that they output what the senior management wanted to tell clients, rather than telling clients what the model said and overlaying that with their own expectations & views. If something goes wrong somewhere down the line, this back fires because you made the changes to the model. This is not in writing so you can't prove your innocence. Eventually i resigned.

    This was something many people across the board complained about. White papers written with no clear guidance on who the intended audience is, so you cannot really gauge what to write. most of the time papers sit in somebody's outbox - very demoralising. Its a big, old company, with a lot of old, political people. If you are good at playing politics its a good place. During my time there, i saw all the good people left very soon, hangers on hun on in the hope of a good severance package...

    Advice to ManagementAdvice

    Put some processes in place so that you are doing the right thing by both clients and employees
    Get rd of deadweights and retain the brains
    Stop paying the political players huge bonuses and instead incentivise and retain the truly intelligent people in the company
    Take some risk!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Great name on your CV, otherwise a political hotbed of mess

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at HSBC Global Asset Management full-time

    Pros

    Great work-life balance (everyone has a decent lunch, and leaves on time) , great location (green park, amazing in the summer).

    Cons

    For a large company, there is a very small canteen on the bottom floor, which doesnt offer much of a variety. Dont be deluded by the fancy interior to the lobby, the actual working floors are as back dated as a 80s sitcom. The place is a political minefield, if your great at playing the political game you will thrive here. Middle management have ample opportunities to hide and soak the glory and are not held to account. Its a great stepping stone to move onto something more stable, and progressive. If your going to a interview ask them about the results of their recent employee survey.

    Advice to ManagementAdvice

    Aim to compete with the big asset managers and stop just wanting to be neutral and aflout by employing and enforcing political means. Provide more transparency to the wider company on those monthly calls by holding to account middle management and what they actually do.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Good bank to work gorgeous

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in London, England (UK)
    Current Employee - Project Manager in London, England (UK)

    I have been working at HSBC Global Asset Management full-time (more than 5 years)

    Pros

    Great company to work for and good perks. Although a lot of bureaucracy.

    Cons

    Good work life balance and flexi hours

    Advice to ManagementAdvice

    Spend more on new technology

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Summer intern

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Global Asset Management

    Pros

    Great company to work for, great work/life balance, pay is good

    Cons

    Culture can be over conservative

  11.  

    Good overall

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at HSBC Global Asset Management

    Pros

    you get involved in some aspects of the role and thats it really

    Cons

    Long hours, no rewards, treat staff with no respect upper management

    Advice to ManagementAdvice

    Invest in developing staff and make them feel appreciated. A simple job well done with some sincerity can go a long way

    Recommends
    Neutral Outlook
    Approves of CEO

Work at HSBC Global Asset Management? Share Your Experiences

HSBC Global Asset Management

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.