We have launched an exclusive investment opportunity for high net worth clients
Standard Chartered announced the launch of its Pegasus Series programme, which offers private banking clients an exclusive opportunity to invest in leading private investment funds.
With rising volatility in the investment landscape, high net worth investors who are able to take a long-term view are looking to private equity as an alternative asset class to diversify their portfolio for higher returns.
Anna Marrs, CEO, Commercial & Private Banking, Standard Chartered Bank said: “Over the last two to three years, we have seen growing interest among our clients – particularly family offices across Asia – in private equity as it becomes increasingly challenging to earn a decent yield from the public markets in today’s low-interest rates environment.”
This programme also offers investors the opportunity to gain exposure to industries and other asset classes that may be difficult to access on an individual basis. “Not only are we able to provide this access at a substantially lower investment point, our clients can also leverage our partnerships with best-in-class managers to capitalise on opportunities that typically require a complex knowledge of the market,” noted Stanley Sia, Head, Private Equity & Real Estate, Group Wealth Management, Standard Chartered Bank.
Anna Marrs added: “This is part of a phased approach through which we offer our private banking clients a series of unique, customised and exclusive offerings to remain relevant to their needs. Particularly for the entrepreneurs across our footprint who are pre-disposed to external volatility through their businesses, we see this as a value-added solution to help them successfully diversify and grow their investment portfolio.”
For further information please contact:
Josephine Wong
Manager, Commercial & Private Banking Communications
Standard Chartered Bank
+65 6596 4690
josephine.wong@sc.com
Note to Editors:
Standard Chartered Private Bank
Standard Chartered Private Bank is the private banking division of Standard Chartered. Headquartered in Singapore, the Private Bank provides exciting career opportunities to about 900 employees including over 370 relationship managers globally. It has 11 offices including two trust offices across Asia, Africa, Middle East and Europe.
The Private Bank has grown strongly since its inception in May 2007. On top of its strong organic growth, it acquired American Express Bank Ltd. in 2008, through which it has further improved its capabilities.
The Private Bank leverages the natural strengths of Standard Chartered: a heritage of over 150 years in international banking, an international network across more than 71 countries, and strong local presence in growth markets. This puts the Private Bank in an advantageous position to build and deepen relationships with its clients.
For more information, please visit: www.sc.com/privatebank
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Standard Chartered Private Bank
Standard Chartered Private Bank is the private banking division of Standard Chartered Bank (“SCB”). Private banking activities may be carried out internationally by different SCB legal entities and affiliates according to local regulatory requirements. Not all products and services are provided by all SCB branches, subsidiaries and affiliates. Some of the SCB entities and affiliates only act as representatives of the Standard Chartered Private Bank, and may not be able to offer products and services, or offer advice to clients. They serve as points of contact only.
In Singapore, Standard Chartered Private Bank is the private banking division of SCB, Singapore branch.
In Hong Kong, Standard Chartered Private Bank is the private banking division of Standard Chartered Bank (Hong Kong) Limited (CE#AJI614) which is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong.
In Jersey, Standard Chartered Private Bank is the Registered Business Name of the Jersey Branch of Standard Chartered Bank. Standard Chartered Bank, Jersey Branch is regulated by the Jersey Financial Services Commission. The principal place of business of the Jersey Branch of Standard Chartered Bank is: 15 Castle Street, St Helier, Jersey JE4 8PT.
Standard Chartered Bank is incorporated in England with limited liability by Royal Charter 1853 Reference Number ZC18. The Principal Office of the Company is situated in England at 1 Basinghall Avenue, London, EC2V 5DD. Standard Chartered Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
In the United Kingdom, Standard Chartered Bank (trading as Standard Chartered Private Bank) is an authorised financial services provider (licence number 45747) in terms of the South African Financial Advisory and Intermediary Services Act, 2002.
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