New enhanced cash management solution to be available to Accredited and Professional Investor clients in the UAE
Ayesha Abbas Standard Chartered
8 October 2026, Dubai – Standard Chartered (“the Bank”) today announced the launch of its tenth sub-fund under its Variable Capital Company (VCC) platform, with BNY Investments, part of BNY (NYSE: BNY), a global financial services company, acting as the sub-investment manager. The launch marks a significant milestone for the Bank’s VCC platform, which has raised $2.6 billion in assets under management (AUM) since its inception in 2024 and has become a key pillar of the Bank’s strategy to deliver differentiated investment solutions to affluent and high-net-worth clients.
The Signature Select Premium Cash Reserve Fund is an enhanced cash management solution designed for clients who wish to preserve capital while seeking to generate returns above cash. Managed by Insight Investment, the fixed income specialist within BNY Investments, the fund seeks to outperform the Secured Overnight Financing Rate (SOFR) by investing in a diversified portfolio of high-quality short-term fixed income and money market securities.
The fund will be available to Accredited and Professional Investor clients across Standard Chartered’s Priority, Priority Private and Private Banking segments in Hong Kong, Singapore, the UAE, Jersey, Kenya and Nigeria, with other markets expected to follow.
The UAE remains a key wealth hub within Standard Chartered’s international network, benefiting from continued inflows of global talent, entrepreneurs and internationally connected investors. The Bank is seeing increasing demand from clients for diversified investment solutions that provide access to long-term structural growth opportunities across global markets while helping build portfolio resilience across market cycles.
Ayesha Abbas, Managing Director and Head of Affluent and Wealth Solutions, Deposits and Mortgages, EMEA & UAE at Standard Chartered, said: “Our clients are increasingly looking for ways to make their cash work harder while preserving capital and maintaining ready access to liquidity. The Signature Select Premium Cash Reserve Fund responds to this need by providing access to a diversified, professionally managed portfolio of high-quality short-term fixed income and money market securities. Through this launch, we are further broadening the range of differentiated solutions available to our clients across EMEA and the UAE, helping them optimise their cash holdings and build more resilient portfolios in evolving market conditions.”
Sumeet Bhambri, Global Head, Advisory and Managed Investments, Wealth Solutions, Standard Chartered, said: “The launch of our tenth VCC fund is a significant milestone which reflects the continued expansion of our suite of wealth solutions to meet diverse investor needs. We are very pleased with the strong momentum of our VCC platform, which has raised over $2.6 billion since its launch in 2024. As a leading international wealth manager, we continue to expand access to differentiated, institutionally managed investment solutions for our clients, through partnerships with leading asset managers.”
“In today’s environment, many investors are seeking ways to optimise their cash holdings without compromising liquidity or capital preservation. Together with BNY Investments, we are giving clients access to a specialist cash management strategy designed to meet those needs while strengthening our growing suite of VCC solutions.”
Doni Shamsuddin, Head of Asia Pacific, BNY Investments, said: “Cash is playing an increasingly important role in portfolio construction as investors seek greater resilience and flexibility amid evolving market conditions. This strategy has been designed to aim to meet those needs through an enhanced cash management solution offering daily liquidity. We are delighted to support Standard Chartered in broadening the range of investment solutions available to its clients.”
Standard Chartered established its VCC platform in June 2024 to combine the capabilities of leading fund managers with the Bank’s global asset class expertise, delivering curated and differentiated investment strategies exclusively to its clients. Since its launch, the platform has expanded across public and private markets, and across asset classes – including equities, fixed income and multi-asset strategies – through partnerships with leading global asset managers.
The launch of the Signature Select Premium Cash Reserve Fund marks the Bank’s fifth VCC fund launch in 2026 and its tenth sub-fund under the platform.
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About BNY
BNY is a global financial services platforms company at the heart of the world’s capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of June 30, 2026, BNY oversees $62.6 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators.
BNY Investments is the brand name for the investment management business of BNY and its investment firm affiliates worldwide.