Standard Chartered is increasing the weighting of hedge fund strategies in its wealth management client portfolios to help diversify risk and reduce the impact of market volatility. Samir Subberwal, global head of Wealth Solutions at Standard Chartered, told Reuters that hedge funds provide some downside protection and generate more stable returns during volatile markets. The bank is focusing on equity market neutral strategies and multi-strategy funds of hedge funds, which aim to deliver positive absolute returns and have low correlation to overall markets. Data from Goldman Sachs shows that global hedge funds returned an average of 7% in the first half of 2026, above the 10-year average of about 4.1%. Meanwhile, HFR reported that assets under management in the hedge fund industry rose by 409 billion dollars to 5.6 trillion dollars in the latest quarter, the largest increase on record. The move comes as Standard Chartered's wealth management business is growing strongly, with wealth revenue up 38% in the first half.
Standard Chartered PLCStandard Chartered is adding hedge fund strategies to wealth portfolios, boosting demand for its wealth management services.
