Standard Chartered Bank Bahrain (SC Bahrain) offers the Amundi Asia Funds – Signature CIO Funds1 (the “Funds”) based on views of the Standard Chartered Group’s Chief Investment Office (CIO) led by Chief Investment Officer Steve Brice to its retail clients. Developed in partnership with Amundi, one of the world’s largest asset managers, the Funds provide retail investors the opportunity to leverage Standard Chartered’s CIO expertise2 and Amundi’s in depth knowledge of the investment universe, with the flexibility to choose between active and passive investments.
The Signature CIO Funds, a series of multi-asset fund solutions, are constructed to offer sustainable risk-adjusted returns, capitalising on near-term market or economic conditions, which will be reviewed and rebalanced regularly. Retail investors, especially those looking to build a foundation portfolio, will have access to four globally diversified multi-asset fund of funds and ETFs portfolios:
1) Signature CIO Income Fund mainly aims to generate regular income by investing in a diversified portfolio of income generating securities globally
2) Signature CIO Conservative Fund seeks to achieve moderate capital growth through asset appreciation and income accumulation over a mid to long-term investment horizon
3) Signature CIO Balanced Fund seeks to achieve growth through capital appreciation and income accumulation over a mid to long-term investment horizon
4) Signature CIO Growth Fund seeks to achieve growth mainly through capital appreciation over a mid to long-term investment horizon
Retail customers can invest in the Funds through SC Mobile App and their Relationship Managers with a minimum investment amount of USD 1,000 along with the option to invest a regular monthly amount thereafter.
Kunal Varma, Head of Consumer, Private, Business Banking, Middle East (ex-UAE), Standard Chartered, said, “We are committed to delivering exceptional investment solutions and services, enabling our clients to grow and manage their wealth effectively. Through our collaboration with Amundi, we developed the Signature CIO Funds to serve Bahrain’s increasing demand for high-quality wealth management services. We continuously expand our range of products and services to provide our clients with a comprehensive suite of investment solutions to address their financial goals.”
Ziad Sikias – CEO Middle East, Africa and Central Asia at Amundi , added, “We are glad to partner with Standard Chartered to contribute Amundi’s global asset management expertise to the Funds, catering to the investment needs of Hong Kong investors. The Signature CIO Funds bring the best of both worlds to offer retail clients the ability to access a diverse set of asset classes and investment strategies. As a trusted partner, Amundi works every day in the interest of clients, and we are delighted to be able to add value to Standard Chartered’s offering to help retail investors grow wealth while achieving their investment objectives.”
_____________________
1 Refers to Signature CIO Income Fund, Signature CIO Conservative Fund, Signature CIO Balanced Fund, Signature CIO Growth Fund (the “Funds”), sub-funds of Amundi Asia Funds.
2 Standard Chartered Bank (Singapore) Limited acting as the Investment Advisor provides investment recommendations to the Investment Manager and has no discretionary investment management function in respect of the fund.
