Standard Chartered is increasing its focus on hedge fund strategies as it encourages wealth management clients to diversify portfolios and reduce their exposure to volatile markets, according to a report by Reuters.
The Areport cites Samir Subberwal, StanChart’s global head of wealth solutions, retail products, data and analytics as saying that the Asia-focused bank is looking to allocate more of clients’ assets to alternative strategies as investors increasingly seek returns beyond traditional...
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