In support of the government’s ambition to build Taiwan into a leading Asian asset management hub, Standard Chartered Bank continues to broaden its suite of diversified wealth management solutions for high-net-worth clients.
On Wednesday last week, Standard Chartered announced the launch of its new “Policy Financing” service and the addition of the second Alternative Fund, offering clients enhanced flexibility in asset allocation.
“The bank remains committed to delivering market-leading wealth management solutions and a comprehensive, diversified product shelf,” Standard Chartered Bank Taiwan wealth solutions head Samrat Khosla said.
Photo courtesy of Standard Chartered Bank Taiwan
“Whatever our clients’ needs may be — liquidity management, wealth transfer or risk diversification — we are able to provide tailored and flexible strategies. The introduction of Policy Financing further enriches our total product offering, enabling clients to mobilize capital efficiently while maintaining protection, and to build more comprehensive and resilient wealth plans,” Khosla said.
The newly launched Policy Financing solution allows eligible clients to obtain competitive, flexible credit facilities backed by eligible life insurance policies that meet specified criteria. This structure helps high-net-worth individuals meet short-to-medium-term liquidity needs without the need to liquidate sizeable existing assets or compromise their long-term insurance planning. In addition to existing premium financing solutions, clients can now enjoy greater flexibility in optimizing their overall balance sheet.
Last year, the bank introduced Premium Financing services to help high-net-worth clients enhance flexibility and efficiency in capital deployment through dedicated insurance solutions, thereby improving investment effectiveness. Extending this approach into Policy Financing, the bank is further strengthening its offering in capital utilization and liquidity management.
The bank also announced a new collaboration with Carlyle AlpInvest to roll out a second Alternatives Fund focused on private equity multi-strategy investments.
Leveraging Carlyle’s expertise in terms of rigorous deal selection and robust risk management framework, the fund aims to help clients navigate market volatility, stabilize return profiles, and capture mid-to-long-term capital growth opportunities. Compared with traditional publicly traded assets, private equity funds offer diversified returns through participation in long-term value creation at the corporate level, making them suitable as a strategic component of mid-to-long-term asset allocation for high-net-worth investors.
By integrating the capabilities of its global and onshore partners, Standard Chartered Bank Taiwan continues to deepen its engagement with high-net-worth clients.
Since establishing its presence in the Kaohsiung Asia Asset Management Center last year, the bank has successively launched a range of wealth management solutions, including Premium Financing, Alternative Funds and Lombard Lending, in response to clients’ needs for wealth appreciation and diversified asset allocation.
Looking ahead, the bank will continue to expand and enhance its diversified product and service platform, combining global resources with local expertise to build a more flexible and integrated wealth management ecosystem. This will enable clients to access innovative, diversified and globally competitive wealth management solutions and stay seamlessly connected to global market opportunities.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
POWER BUILDUP: Powered by Nvidia’s B200 Blackwell chips, the data center would support MediaTek’s computing power demand and business growth, the company said Smartphone chip designer MediaTek Inc (聯發科) yesterday launched a new artificial intelligence (AI) data center with a maximum capacity of 45 megawatts to meet its rising demand for computing power required to develop new advanced chips for AI applications. The company has completed the first-phase computing power buildup at the data center in Miaoli County’s Tongluo Township (銅鑼), providing 15 megawatts of capacity to support its research and development (R&D) capabilities, despite an industrywide shortage of key components, MediaTek said. Supply constraints have plagued a wide range of key components, including memory chips, solid-state drives, power supply units and central
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
RSS