Strategy to offer superior risk-adjusted-return for investors, says Mishr
Singapore’s SCUBE Capital has launched a US Dollar Fixed Maturity Fund exclusively for India’s Federal Bank Clients in association with Equirus Wealth, offering offering superior risk-adjusted-return for investors against the backdrop of rock bottom interest rates.
“The fund has been jointly designed with inputs from the Equirus and the Federal bank team, in keeping with the spirit of collaboration. The investment strategy seeks to offer superior risk-adjusted-return for investors against the backdrop of rock bottom interest rates,” said Hemant Mishr, Co-Founder and CEO, Asset Management, SCUBE Capital, Singapore.
“SCUBE Capital is pleased to partner Federal Bank and Equirus to offer this exclusive offering to Federal bank’s clients,” said Mishr on 27 Jan 2022, announcing the fund launch.
Speaking on the occasion, Shalini Warrier, Executive Director & Business Head – Retail, added, “We have always strived to bring the best of products and services to our customers, and the newly introduced US Dollar Offshore Fund is an example of this. The offer has been specially curated by our partner, Equirus Wealth along with SCUBE Capital and is only available to Federal Bank customers. We are confident our customers will find this offer attractive and useful”.
Ajay Garg Managing Director – Equirus Group, said, “Our constant endeavor is to provide holistic wealth management solution to our clients. The product offers attractive risk-adjusted returns given the low debt yield environment. While this is our first exclusive product for Federal Bank clients, we are very keen to create a pipeline of such exclusive offerings going forward.”
SCUBE Capital, a Singapore-based global fund management company, has global funds across alternate investments, fixed income and multi asset investments serving different investor segments.
This is an exclusive US Dollar fund wherein only customers of Federal Bank can invest.
Salient features of US Dollar Fixed Maturity Fund:
· A unique fund, exclusively curated for accredited non-resident Investors of Federal Bank
· The fund invests in US Dollar denominated fixed income instruments of Indian and International issuers
· Offers a portfolio leveraged target return guidance of ~US$6.50% per annum
· Fund tenor is for 3 years from the date of fund closure, with an option to extend by 1 year
· The portfolio is managed by a highly skilled team with a cumulative experience of over 70 years in managing investments of over US$50 billion
SCUBE is regulated by the Monetary Authority of Singapore (MAS). We are a strong and dedicated team of internationally experienced experts delivering institutional investment expertise to client. Our team has managed investments of over US$50 billion in our previous roles and has a cumulative experience of over 70 years in Asian Fixed Income. We are a Solutions driven firm that understands the nature and scope of client’s dynamic investment challenges.
Federal Bank (NSE: FEDERALBNK) is a leading Indian private sector bank with a network of 1,289 banking outlets and 1,957 ATMs/Recyclers spread across the country. The Bank’s total business mix (deposits + advances) stood at Rs.3.05 lakh crore as on 31 March 2021. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines, stood at 14.62% as on 31st March 2021. Federal Bank has its Representative Offices at Dubai and Abu Dhabi that serve as a nerve center for Non-Resident Indian customers in the UAE. The Bank also has an IFSC Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City).
Equirus Wealth is a holistic Wealth Management platform providing Client Centric, Comprehensive, and Transparent Wealth Management services for Individuals, Families, and Corporates. The firm has offices in Mumbai, Delhi NCR, Bengaluru, Pune, Kochi, Thiruvananthapuram, Kozhikode, Kottayam, Chennai, Malappuram, Alleppey and Kolkata.
Equirus Wealth is a subsidiary of Equirus Capital, which is India’s leading full-service investment bank for mid-market corporates. In the year 2021, Equirus Wealth was awarded the Best Boutique Wealth Manager – Rising Star Award at The Asset Triple A Private Capital Awards 2021. fiinews.com
