Standard Chartered Bank has raised more than US$1 billion under its suite of Signature CIO Funds, which allow clients to gain exposure to the bank’s chief investment office (CIO) house views.

Launched in late 2022, the four funds – conservative, income, balanced, and growth – vary their asset allocation to suit different client risk and income profiles.

Standard Chartered acts as the investment adviser on the portfolios, advising on asset allocation and the underlying securities to invest in. Amundi Asset Management is the investment manager.

Available to retail clients in 12 markets globally, Signature CIO Funds seek to democratize an investment product that was traditionally only available to private banking clients. The four funds have been popular with clients looking for multi-asset solutions to help them grow their wealth. They have all performed well, with the Signature CIO Growth Fund returning more than 28% since launch.

“As part of our advisory framework, we advocate our clients take a structured approach to constructing portfolios to achieve their life goals,” says Samir Subberwal, the bank’s global head for wealth solutions, deposits and mortgages, and chief client officer.

Our Signature CIO Funds provide an easy way to build a foundation portfolio and are proactively rebalanced to navigate changing market conditions. We are encouraged by the strong response from our clients and look forward to building on these solutions across more markets.”

The funds are available to clients in Singapore, Hong Kong, Malaysia, United Arab Emirates, Taiwan, mainland China, South Korea, Jersey, Bahrain, Kenya, Nigeria, and Brunei.