Standard Chartered in new UCITS launch

Standard Chartered Bank and FundRock Management Company SA are launching a new multi-manager fund platform solution for asset managers based in Asia, Africa and the Middle East looking to explore Luxembourg domiciled Undertakings for Collective Investment in Transferable Securities (UCITS) structures.

The Luxembourg “Straight2UCITS” fund platform creates a simplified ‘go to market’ proposition with complete infrastructure allowing managers to launch, operate and distribute dedicated UCITS sub-funds within a robust risk and compliance control environment, says Standard Chartered.

The bank adds that it has also published a white paper on Asian Asset Management industry titled: Asian asset management’s inflection point – taking part in the market’s critical growth phase.