Hang Seng Investment Management Ltd. (dba HSVM) is the Hong Kong-based, wholly-owned asset management subsidiary of Hang Seng Bank Ltd. (HKG: 0011, ADR: HSNGY), itself a subsidiary of HBSC Holdings plc (LSE: HSBA, ADR: HSBC), a multinational universal bank and financial services holding company headquartered in Great Britain. The firm was founded in 1993 and provides investment management services to Hang Seng Bank and its customers. HSVM also manages funds (a series of retail funds and exchange traded funds (ETFs)), investment portfolios for institutional and private clients.