HSBC Asset Management launched a private credit strategy designed to provide investors with access to opportunities in global trade finance.

The new Trade and Working Capital Solutions strategy was developed in collaboration with HSBC’s Global Trade Solutions business, giving it access to HSBC’s new deal flow and existing assets.

The TWCS strategy is available to institutional investors across the United Kingdom, Europe, Asia, Canada, Australia and the Middle East, according to the release.

The strategy will have a global mandate, will invest in a diverse portfolio of short-term trade finance and working capital assets, and will be managed by HSBC AM’s Capital Solutions team.

Borja Azpilicueta, head of capital solutions at HSBC AM, said that the company is introducing this strategy “at a time when shifting global trade dynamics are driving increased demand for trade finance.”

“With access to the deal flow of the world’s leading trade finance bank, we’re well positioned to deliver a diversified private credit solution that combines high credit quality with low correlation to markets,” Azpilicueta said.