Core Insights - HSBC Asset Management has launched a private credit strategy aimed at providing investors access to global trade finance opportunities [1][2] - The new Trade and Working Capital Solutions strategy was developed in collaboration with HSBC's Global Trade Solutions business, enhancing its access to new deal flow and existing assets [2][3] Investment Strategy - The strategy will have a global mandate, focusing on a diverse portfolio of short-term trade finance and working capital assets, managed by HSBC AM's Capital Solutions team [3] - The introduction of this strategy is timely, as shifting global trade dynamics are increasing demand for trade finance [3] Market Position - HSBC's extensive coverage includes over 50 markets, with access to 85% of global trade flows and more than 5,000 working capital specialists [4] - Trade assets are recognized as a growing asset class that institutional investors are eager to access [4] Industry Context - Trade finance is becoming a crucial growth engine for firms navigating a volatile macro environment, providing liquidity and risk mitigation [5] - HSBC's TradePay for Import Duties, launched in May, has made $2.3 billion of trade finance available globally since its introduction in 2023 [6]