StanChart Offers Hedge Funds to Wealth Clients
Standard Chartered is helping wealth clients allocate assets to hedge funds to cushion against market volatility. The bank aims to diversify portfolios as global alternative asset allocations grow.
Insights:
Standard Chartered is helping wealth clients allocate assets to hedge funds to cushion market volatility, according to a top executive based in Singapore. The bank is expanding alternative product suites as global investors shift beyond traditional equities and fixed income. The expansion targets growing affluent demographics across Asian markets to scale wealth management revenue.
