Standard Chartered has been granted approval by the International Financial Services Centres Authority (IFSCA) to distribute funds from Gujarat International Finance Tec-City (GIFT City). Standard Chartered expects to roll out its Signature CIO Funds from GIFT City for eligible clients in the coming weeks, with additional wealth solutions to follow in due course. The Signature CIO Funds are a suite of four funds designed to provide access to the bank’s chief investment office investment strategies through diversified multi-asset portfolios spanning equities, fixed income, commodities, alternatives and cash. Since their launch in 2022, the Signature CIO Funds have attracted more than $5bn in assets under management and are available across 12 markets. This approval marks an important step in expanding our wealth capabilities through GIFT City, starting with the launch of our Signature CIO Funds and followed by a broader suite of wealth solutions over time.”