Standard Chartered’s Signature CIO funds hit $3bn AUM, to launch Shariah-compliant version
Standard Chartered said on Monday that assets under management (AUM) in its Signature CIO Funds have reached $3 billion just three years after launch, as the bank prepares to introduce a Shariah-compliant version to meet rising demand from Muslim investors.
The multi-asset funds, launched in 2022 and managed by Amundi Asset Management, provide retail and wealth clients with access to the bank’s Chief Investment Office strategies, including exposure to global equities, fixed income, commodities, and alternative assets.
“We continue to innovate and build on our suite of comprehensive products for our clients,” said Samir Subberwal, Standard Chartered’s global head of wealth solutions, deposits and mortgages, and chief client officer.
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Muhammad Ali Bandial