Bolstered by a US$1.5 billion investment commitment announced in October, Standard Chartered has set an ambitious target to acquire US$200 billion in net new money (NNM) over the next five years, alongside double-digit growth in Wealth Solutions income
To further elevate client experience, the bank has consistently acted on feedback, earning high scores for RM service, advisory and digital platforms. Since 2019, flagship client centres in key markets like Mainland China, Hong Kong and Singapore have been transformed into state-of-the-art experiential hubs. Additionally, dedicated Global Indian centres in Mumbai and Chennai have been launched, with more to follow.
Raymond Ang, Global Head, Private Bank and Affluent Clients, says: “Our extensive network and four wealth hubs give us a distinct advantage, positioning us to seize the vast and rapidly growing international client opportunities. We value the trust that clients place in us and will invest more to drive our offerings and client experience to the next level.”
Standard Chartered’s Wealth Solutions income is well diversified across investment funds, capital market products – including fixed income, cash equities and structured products – as well as bancassurance. The bank aims to achieve double-digit wealth income growth through continued product innovation and platform enhancements.
Through its proprietary advisory platform “myWealth Advisor”, Standard Chartered says it delivers unbiased insights from its Chief Investment Office (CIO). In 2025, it plans to integrate advanced capabilities like structured products and risk analytics, further strengthening its advisory services. It will also deepen partnerships to help clients build resilient and opportunistic portfolios through its open- architecture platform.
The Signature CIO Funds, launched in 2022 and built on CIO insights, are a series of foundational portfolios available to clients in 12 markets. These funds have already contributed around US$2 billion to the Bank’s Wealth AUM. Furthermore, the Bank’s first Variable Capital Company, established in Singapore in 2024, offers exclusive and hard-to-access sub-funds. The first-of-its-kind sub-fund, launched in June, has generated US$500 million.
Samir Subberwal, Global Head, Wealth Solutions, Deposits and Mortgages, and Chief Client Officer, says: “Our diversified suite of wealth products and disciplined wealth advisory approach empower us to meet our clients’ evolving needs. We remain committed to delivering innovative solutions to help our clients manage, protect, and grow their wealth – today and for the future.”
