Standard Chartered Head of Affluent and Wealth Solutions, EMEA & UAE, Ayesha Abbas (left), and Head of Wealth and Retail Banking, Kenya and East Africa, Edith Chumba, during the launch of Standard Chartered Funds Variable Capital Company (VCC) – Signature Select in Nairobi on September 15, 2026.
The bank‘s new multi-fund investment platform, tailored for high-net-worth individuals, is expected to expose wealthy investors to professionally managed global investment strategies as they increasingly look beyond traditional savings and local investments.
Unveiled Wednesday, the bank’s officials said the Standard Chartered Signature Select Variable Capital Company (VCC), approved by the Capital Markets Authority (CMA) more than four months ago, brings together different investment strategies and global fund managers under one platform.
Historically, highly lucrative alternative assets like private equity and infrastructure were strictly dominated by large institutional investors like pension funds. Standard Chartered’s rollout aims to tap into the growing global financial wealth pool—which reached $333 trillion in 2025 according to the BCG Global Wealth Report 2026, marking a 10.7% growth rate—the strongest expansion since 2021.
This market has allowed retail-level affluent investors targeted by the bank’s new platform to capture premium yields while offering asset managers a fresh source of fundraising liquidity.
Standard Chartered’s Head of Affluent and Wealth Solutions for Kenya Paul Njoki said the platform was aimed at investors whose financial needs had become more complex and global, noting that the VCC platform has since built assets in excess of $20 million under the strategy in the four months preceding its launch.
The proposition targets sophisticated investors with investable wealth of at least $500,000, excluding their primary residence.
It’s creation, according to Standard Chartered’s Head of Affluent and Wealth Solutions for EMEA and UAE Ayesha Abbas was to address the needs of wealthy clients who were becoming more sophisticated as their financial interests extended beyond Kenyan borders.
“Our clients are now thinking about their next generation, how best to pass on their wealth as well as their legacy on to the next generation,” Abbas said.
Steven Umidha is a data and financial journalist with over 15 years of work experience in journalism and communication.
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