Standard Chartered leads the way in offering locally domiciled funds to UAE retail clients

Find out how Standard Chartered is setting the standard by offering locally domiciled funds to retail clients in the UAE, in line with new SCA regulations.

Standard Chartered, a leading financial institution, announced on 7 May that it is one of the first few institutions to offer locally domiciled funds for retail clients in the UAE. This move comes in partnership with international providers and is in compliance with the new Securities and Commodities Authority (SCA) regulation, which limits the promotion of foreign funds to professional investors.

In a strategic collaboration with renowned international companies such as Amundi, Aditum Investment Management, and ClearStream, Standard Chartered aims to provide top-tier products to its retail clients. These products are domiciled in the Dubai International Financial Centre (DIFC), a prominent financial hub in the region.

As part of this initiative, Standard Chartered has introduced four funds domiciled in DIFC, catering to the diverse investment needs of retail clients. These funds include the Signature CIO Balanced Fund, Signature CIO Growth Fund, Signature CIO Income Fund, and Signature CIO Conservative Fund. By offering locally domiciled funds, Standard Chartered is enhancing accessibility and convenience for retail investors in the UAE.

Standard Chartered's introduction of locally domiciled funds for retail clients in the UAE underscores its commitment to providing innovative and tailored investment solutions in compliance with regulatory requirements. This strategic move is set to benefit retail investors seeking diversified and high-quality investment opportunities within the region.