Standard Chartered today announced the launch of its tenth sub-fund under its Variable Capital Company (VCC) platform, with BNY Investments, part of BNY (NYSE:BNY), acting as the sub-investment manager.

The launch marks a significant milestone for Standard Chartered’s VCC platform, which has raised $2.6 billion in assets under management (AUM) since its inception in 2024 and has become a key pillar of the Bank’s strategy to deliver differentiated investment solutions to affluent and high-net-worth clients.

The Signature Select Premium Cash Reserve Fund is an enhanced cash management solution designed for clients who wish to preserve capital while seeking to generate returns above cash. Managed by Insight Investment, the fixed income specialist within BNY Investments, the fund seeks to outperform the Secured Overnight Financing Rate (SOFR) by investing in a diversified portfolio of high-quality short-term fixed income and money market securities.

The fund will be available to Accredited and Professional Investor clients across Standard Chartered’s Priority, Priority Private and Private Banking segments in Hong Kong, Singapore, the UAE, Jersey, Kenya and Nigeria, with other markets expected to follow.

Sumeet Bhambri, Global Head, Advisory and Managed Investments, Wealth Solutions, Standard Chartered, said:

“The launch of our tenth VCC fund is a significant milestone which reflects the continued expansion of our suite of wealth solutions to meet diverse investor needs. We are very pleased with the strong momentum of our VCC platform, which has raised over $2.6 billion since its launch in 2024. As a leading international wealth manager, we continue to expand access to differentiated, institutionally managed investment solutions for our clients, through partnerships with leading asset managers.”

“In today’s environment, many investors are seeking ways to optimise their cash holdings without compromising liquidity or capital preservation. Together with BNY Investments, we are giving clients access to a specialist cash management strategy designed to meet those needs while strengthening our growing suite of VCC solutions.”

Doni Shamsuddin, Head of Asia Pacific, BNY Investments, said:

“Cash is playing an increasingly important role in portfolio construction as investors seek greater resilience and flexibility amid evolving market conditions. This strategy has been designed to aim to meet those needs through an enhanced cash management solution offering daily liquidity. We are delighted to support Standard Chartered in broadening the range of investment solutions available to its clients.”

Standard Chartered established its VCC platform in June 2024 to combine the capabilities of leading fund managers with the Bank’s global asset class expertise, delivering curated and differentiated investment strategies exclusively to its clients. Since its launch, the platform has expanded across public and private markets, and across asset classes – including equities, fixed income and multi-asset strategies – through partnerships with leading global asset managers.

The launch of the Signature Select Premium Cash Reserve Fund marks the Bank’s fifth VCC fund launch in 2026 and its tenth sub-fund under the platform.