According to Standard Chartered, the approach complements and aligns to the bank’s open architecture framework of selecting best-in-class solutions from a range of fund managers and across different asset classes.
Standard Chartered Bank has established its first variable capital company (VCC) company in Singapore, named Standard Chartered Funds VCC (SC Fund). The new corporate entity will enable the bank to launch a series of funds to allow its clients exclusive access to hard-to-access custom-curated investment strategies.
Under the VCC, Standard Chartered will partner with and appoint leading global fund managers as sub-investment managers. Underpinning the process of the fund is the bank’s team of fund selectors and investment managers.
