T. Rowe Price, a global asset management leader, has partnered with HSBC to introduce the T. Rowe Price Funds SICAV – Retirement Allocation Funds, exclusively available to HSBC clients in Singapore and Hong Kong. Launched on 29 September 2025, these funds are T. Rowe Price’s first retirement-focused products for retail investors in these markets, addressing the evolving retirement needs with flexible fund-switching options and regular income potential.
The funds utilise T. Rowe Price’s proprietary glide path, which strategically adjusts asset allocation between equities and bonds over time. This approach is designed to optimise growth and manage risk, with tactical overlays by portfolio managers to adapt to market changes. The Retirement Allocation Fund – 1 targets post-retirement investors, focusing on sustainable withdrawals, whilst the Retirement Allocation Fund – 2 is aimed at pre-retirement investors, emphasising capital accumulation.
Glen Lee, Singapore CEO of T. Rowe Price, highlighted the importance of adaptable investment solutions, stating, “Our 2025 Retirement Survey shows a significant portion of Hong Kong and Singapore respondents are embracing non-conventional retirement models. This demands adaptable investment solutions.”
Sami Abouzahr from HSBC emphasised the collaboration’s alignment with HSBC’s retirement-focused products, noting the importance of balancing asset growth with stability and flexibility. Thomas Poullaouec of T. Rowe Price added that the funds leverage over two decades of expertise in managing glide path-driven retirement solutions, helping investors navigate their retirement journey amidst global market uncertainties.
T. Rowe Price manages over $1.1t in retirement-related assets globally, reinforcing its commitment to supporting Asian investors as the region transitions into “super-aged” societies.
