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MOVES-HSBC Global Asset Management names Joseph Molloy head of passive equity

March 23 (Reuters) - HSBC Global Asset Management, the investment management business of HSBC Holdings Plc (HKSE: 0005.HK - news) , appointed Joseph Molloy head of passive equity.

Molloy, who joined HSBC Global Asset Management on March 9, is based in London, the company said.

Molloy joined from Legal & General Investment Management, where he was global head of index equities. (Reporting by Rohit T.K. in Bengaluru)