StanChart’s Signature CIO Funds attracts over $1b
The funds have returned over 28% since launch, the bank said.
Standard Chartered Bank shared that it has raised over $1b under its Signature CIO Funds.
Launched in late 2022, the four funds–conservative, income, balanced, and growth–vary their asset allocation to suit differing client risk and income profiles, providing clients with multi-asset solutions and an easy way to gain exposure to Standard Chartered’s chief investment office (CIO) house views.
The Signature CIO Funds are currently available to retail clients in 12 markets, and have reportedly been popular with clients looking for multi-asset solutions to help them grow their wealth, according to Standard Chartered.
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Signature CIO Growth Fund has hit returns of over 28% since launch.
Standard Chartered acts as the investment advisor on the portfolios. Amundi Asset Management, a global top 10 asset manager, acts as the investment manager.