{
  "id": 19654217,
  "title": "Standard Chartered launches wealth funds from GIFT City",
  "url": "https://urgent.news/2026/11/12/standard-chartered-launches-wealth-funds-from-gift-city",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T12:47:54.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/standard-chartered-launches-wealth-funds-from-gift-city/article71693714.ece"
  },
  "original_language": "en",
  "account": "Standard Chartered has introduced its Signature CIO Funds from GIFT City, the international financial center in Gujarat, India. This marks the bank's first foray into wealth management offerings from this prominent location. The portfolio includes four multi-asset funds, developed in collaboration with Amundi Asset Management and SBI Funds International (IFSC) Ltd. These funds are designed to invest in various assets such as global equities, bonds, commodities, liquid alternatives, and cash, catering to a range of risk profiles and investment goals. The launch comes after receiving authorization from the International Financial Services Centres Authority (IFSCA) to distribute capital market products from GIFT City. Standard Chartered, which became the first foreign bank to operate in GIFT City in 2020, had previously focused solely on corporate and institutional banking services at the center. The Signature CIO Funds were initially launched in 2022 and have since amassed over $5 billion in assets under management across 13 markets. Samir Subberwal, the Global Head of Wealth Solutions at Standard Chartered, attributed the bank's move to the increasing demand among Indian investors for international diversification. The bank plans to expand its wealth product offerings from GIFT City in the future. This development aligns with a broader trend of global financial institutions leveraging GIFT City as a gateway to provide offshore investment products to India's growing affluent investor base.",
  "summary": "The suite comprises four multi-asset funds based on the bank’s Chief Investment Office investment strategies",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Finextra",
        "title": "Standard Chartered powered bank Mox appoints Anshul Sabherwal as CEO",
        "url": "https://urgent.news/2026/11/10/standard-chartered-powered-bank-mox-appoints-anshul-sabherwal-as-ceo",
        "published": "2026-11-10T13:12:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "MidChains and Standard Chartered establish strategic banking partnership",
        "url": "https://urgent.news/2026/11/12/midchains-and-standard-chartered-establish-strategic-banking",
        "published": "2026-11-12T06:30:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}