The sums raised achieved new highs in their respective fields, according to the bank.
DBS Private Bank, on March 16, announced that it has collectively raised over $1.6 billion in assets under management (AUM) through two of its flagship product innovations, the DBS Chief Investment Office (CIO) Barbell Income Fund and the MSCI EM Asia ESG Leaders Outperformance Trade (ESG Outperformance Trade).
The Barbell Income Fund, which was launched in February, drew some $970 million in less than six weeks, while the ESG Outperformance Trade raised over $690 million, a seven-fold surge from its original launch in 2018.
