The company said in a release on Monday that the fund aims to provide diversified total returns with lower volatility and stronger downside protection by tapping into PIMCO’s best ideas across the credit spectrum, including high-yield bonds, emerging market debt and bank loans. It is also said to feature a monthly distribution component, catering to income-seeking clients. Initially, the product will be available to high-net-worth clients in Singapore, Hong Kong, the United Arab Emirates and Bahrain.  Eligible investors include those with Accredited Investor or Professional Investor status under Standard Chartered’s Private, Priority Private and Priority segments.  The bank plans to expand availability to additional markets in the months ahead. Sumeet Bhambri, Global Head of Advisory and Managed Investments, Wealth Solutions at Standard Chartered, said: “As a leading international wealth manager, our aim is to provide a diverse suite of solutions to help our clients grow and manage their wealth.” He added that through this latest partnership with PIMCO they now have a “diversified suite of four VCC sub-funds across all key asset classes – equity, fixed income, multi-asset and alternatives – curated exclusively to meet our clients’ investment objectives.” Standard Chartered established its VCC structure in June 2024 to create exclusive investment strategies by combining the expertise of global fund managers with its in-house specialists. The post Standard Chartered Launches 4th VCC Sub-Fund appeared first on LeapRate.

The company said the move underscores its “disciplined capital allocation framework” and confidence in delivering sustained shareholder returns. The fresh buyback is said to form part of the $165 million shareholder returns unveiled in its half-year results earlier this month, which also included dividends of $75 million.  The programme, managed by Panmure Liberum, will run until 31 March 2026. It is irrevocable and non-discretionary, meaning neither the company nor its board can alter its execution. Plus500 confirmed it could repurchase up to 5,868,129 shares, the maximum authorised by shareholders at its annual general meeting in May, less those already bought back.  All repurchased shares will be held in treasury, rendering them dormant with no dividend entitlement or voting rights. The fintech group highlighted its strong financial position as a driver of the decision. As of 30 June 2025, it held $0.9 billion in cash on its balance sheet, providing flexibility to fund both growth initiatives and shareholder distributions. Plus500 said details of daily repurchases will be disclosed before 7 am on the business day following each transaction. The company pointed to its expanding U.S. futures business and recent operational momentum as further reasons for confidence in shareholder value creation. The post Plus500 Announces New $90 Million Share Buyback Programme appeared first on LeapRate.