HSBC Global Asset Management (Canada) Ltd. has replaced the sub-advisors at four of its funds, the subsidiary of HSBC Bank Canada said Wednesday.

Edinburgh-based Martin Currie Inc. was appointed sub-advisor to the HSBC MM International Growth Equity Pooled Fund replacing Pictet Asset Management Limited, effective April 29 April.

Toronto-based Scheer, Rowlett & Associates, Investment Management was appointed sub-advisor to the HSBC MM Canadian Value Equity Pooled Fund, replacing AllianceBernstein, effective May 15 May.

Seattle-based Rainier Investment Management, Inc. was appointed sub-advisor to the HSBC U.S. Equity Pooled Fund and HSBC U.S. Equity Fund, replacing Lotsoff Capital Management, effective May 13.

IE