SCB Asset Management, or SCBAM, has announced a partnership with BlackRock to launch two new funds aimed at coping with volatility in global investment markets. Piyapat Pattarapuwadol, Director of the Investment Strategy Division at SCBAM, noted that geopolitical factors, especially the war in the Middle East, remain a key variable. The International Monetary Fund, or IMF, forecasts the global economy will grow 3% this year and expects growth to accelerate in 2027. The main driver continues to come from investment in AI computing infrastructure, which is now shifting from the Generative AI era to Agentic AI. Nawarat Jiamkitrung, Director of the Investment Product Development Division at SCBAM, added that traditional portfolios, or 60/40 portfolios, are beginning to show significantly reduced effectiveness in diversifying risk. The firm has therefore worked with BlackRock to develop a solution for core portfolios through the SCBGMCORE(A) fund, risk level 5, which divides investment into three parts: a Diversified ETF Core drawing on BlackRock's iShares fund network, Liquid Alternatives through BlackRock's flagship funds, and a volatility control strategy that is BlackRock's proprietary forward-looking risk assessment model. The fund is managed by BlackRock's Multi Asset Strategy team, which oversees more than 2.5 trillion US dollars in assets. In addition, SCBAM is offering the SCBGOFIX(A) fund, risk level 4, which invests 100% in fixed income instruments, managed by BlackRock's global fixed income portfolio management team, which has more than 1.1 trillion US dollars in assets under management.
BlackRock IncBlackRock partners with SCBAM to launch two new funds, gaining new AUM mandates managed by its Multi Asset and fixed income teams.
SCBAM launches two new funds in partnership with BlackRock to address market volatility and 60/40 portfolio weakness.
