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Standard Chartered has teamed up with Seviora Capital to launch a multi-manager hedge fund vehicle under its VCC platform.
The Signature Select Seviora Titans Absolute Return fund is a sub-fund within the bank’s variable capital company structure.
It will invest in hedge fund managers selected by Seviora Capital, part of the Temasek-owned Seviora Group in Singapore.
The strategy allocates across multiple managers and sub-strategies to avoid concentration risk.
It also gives clients access to capacity-constrained hedge funds at lower minimum investment levels than direct allocations.
The launch comes as investors face volatile markets and reduced diversification between equities and bonds.
Multi-strategy and relative value hedge funds are often used in such conditions to manage drawdowns and seek steadier absolute returns.
The fund will initially be offered to Accredited or Professional Investors in Standard Chartered’s Private Banking segment in Singapore, Hong Kong and Jersey, with wider distribution planned in phases.
Sumeet Bhambri
Sumeet Bhambri, Global Head, Advisory and Managed Investments, Wealth Solutions, Standard Chartered said,
“This solution adds to the diversity of our VCC suite of funds, which offers products across all asset classes.
As a leading international wealth manager, we are committed to continue innovating and partnering with the industry’s best players to enhance our wealth solutions and support our clients in their wealth journey.”
Leow Li-Vern
Leow Li-Vern, Managing Director, Investments, Seviora Capital said,
“The ability of the STAR strategy to allocate to a portfolio of hedge funds with low correlation to public markets, can improve diversification of clients’ portfolios, which is vital in today’s volatile macro and market environment.
This, in turn, can result in overall improvement of risk-adjusted returns. And we are pleased that Standard Chartered clients will be able to benefit from this.”
Standard Chartered set up its VCC platform in June 2024. The latest launch marks its seventh sub-fund under the structure and its second fund introduction in 2026..
Featured image: Edited by Fintech News Singapore, based on image by Trend2023 via Freepik
