Standard Chartered, BlackRock launch Asia Pacific-focused multi-asset fund

BlackRock, Inc.

BlackRock, Inc.

BLK

0.00

July 6 (Reuters) - Standard Chartered STAN.L has partnered with BlackRock Inc. BLK.N to launch an Asia Pacific multi-asset fund designed for investors seeking broad exposure in the region, the bank said on Monday.

Here are some more details:

  • Signature Select APAC Allocation Plus fund will provide exposure across equities, fixed income and liquid alternatives.

  • It aims to deliver long-term capital appreciation alongside income generation, Standard Chartered said.

  • The fund will be made available to accredited and professional investors across the bank's priority, priority private and private banking segments.

  • It will initially be offered in Hong Kong, Singapore, UAE, Jersey, Malaysia, Kenya and Nigeria, with other markets to follow.

  • BlackRock will act as the sub-manager for the fund which has been launched under Standard Chartered's Variable Capital Company platform.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.