Standard Chartered raises over USD3 billion in Signature CIO Funds AUM on 3-year anniversary

Further innovates to introduce Signature CIO Islamic Funds

Singapore – Standard Chartered (“the Bank”) has raised over USD3 billion in its Signature CIO Funds AUM within three years, underscoring the Bank’s expertise in product innovation and personalised wealth advisory for its clients. Launched in 2022, the Signature CIO Funds are designed to provide investors access to the Bank’s Chief Investment Office (CIO) strategies through a range of globally diversified multi-asset funds and ETFs portfolio, which includes global equities, global bonds, commodities, liquid alternatives, and cash.

Now available to the Bank’s Wealth and Retail Banking clients across 12 markets¹ globally, the Signature CIO Funds democratise the Bank’s Discretionary Portfolio Management offering, traditionally only available to high-net-worth private banking clients. The suite of four Funds (Conservative, Income, Balanced, and Growth), with Amundi Asset Management acting as Investment Manager, has seen global reach and appeal among clients looking for multi-asset solutions with professional oversight to grow, manage and protect their wealth. The Funds are seeing between an average of 5.6% to 15.7% CAGR since inception².

Clients from various markets, including Singapore, Hong Kong, Malaysia and Nigeria, have indicated their satisfaction with the Funds in helping them stay invested and see steady income growth even in volatile market conditions, allowing them to meet their various wealth needs. The Funds have also been successful in attracting a younger audience, with the Bank observing an increase in its number of clients between 30 to 45 years old.

Samir Subberwal, Global Head, Wealth Solutions, Deposits and Mortgages, and Chief Client Officer, Standard Chartered said, “As a leading international wealth manager, we continue to innovate and build on our suite of comprehensive products for our clients, leveraging our open architecture framework. We have seen strong demand for our Signature CIO Funds across our markets, testifying to our expertise in providing our clients with personalised advisory to help them capture market opportunities, leveraging our CIO insights underpinned by decades of market research experience.

“Building on client demand, we are launching our Signature CIO Islamic Funds, starting in the UAE and Nigeria, and tailored to meet the needs of clients for Shariah-compliant investment solutions.”

The Islamic funds will be managed by Aditum Investment Management Limited (fund manager) and advised by Standard Chartered with regards to asset allocation, and a quantitative manager for global Islamic equities. Aditum Investment Management Limited will also manage the Sukuk allocation. This structure allows clients to benefit from the combined expertise of leading global investment specialists, each with an established track record in their respective fields. For more details on our Signature CIO Islamic Funds, please follow this link.

^[1] _{12 markets include Singapore, Hong Kong, Malaysia, UAE, Taiwan, Mainland China, South Korea, Jersey, Bahrain, Kenya, Nigeria, Brunei}

^[2] _{30 September 2022 to 31 August 2025 for Income, Balanced and Growth Funds; 2 October 2023 to 31 August 2025 for Conservative Fund}

For further information please contact:

Clarissa Tee
Wealth and Retail Banking Communications