Standard Chartered's New CIO Funds Draw In $1 Billion

Editorial Staff

8 May 2024

said yesterday that it has raised more than $1 billion under its suite of Signature CIO Funds.

The funds give clients access to the lender’s Chief Investment Office (CIO) house views.

Launched in late 2022, the four funds in the stable (Conservative, Income, Balanced, and Growth) vary their asset allocation to suit differing client risk and income profiles.

The bank is investment advisor on the portfolios, advising on asset allocation and the underlying securities to invest in. Amundi Asset Management, acts as the investment manager.

The funds are available to retail clients in 12 markets.