BlackRock IncBlackRock partners with SCB WEALTH/SCBAM to launch and manage the SCBGMHEAVY fund, expanding its fund management business.
SCB WEALTH, together with SCBAM and BlackRock, has launched the SCB Global Multi-Asset Core Portfolio Heavy open-ended fund, or SCBGMHEAVY, a risk level 6 or high-risk fund. The initial public offering will run from October 6 to October 12, 2026, with a minimum investment of 1,000 baht. The fund runs an aggressive multi-asset portfolio with allocations adjustable from 0 to 100% and uses BlackRock's volatility control strategy to help manage risk in rapidly changing markets. Sorachai Sunetta, Deputy Head of High Net Worth and Affluent Banking at Siam Commercial Bank, said the fund is designed to give investors access to a wide range of asset classes across all regions worldwide and helps complete the Investment Shelf under the partnership between SCB WEALTH, SCBAM and BlackRock, covering every risk level, from the quality fixed-income fund SCBGOFIX at risk level 4, the mixed funds SCBGMLITE and SCBGMCORE at risk level 5, through to SCBGMHEAVY at risk level 6. Narongsak Plodmechai, Chief Executive Officer of SCBAM, said the fund uses an Aggressive Allocation strategy, focusing on aggressive investment in global equities through leading ETFs and individual stocks, while supplementing the portfolio with Liquid Alternatives. The investment strategy is divided into three parts: aggressive multi-dimensional portfolio management at approximately 85%, investment through alternative liquid assets at approximately 15%, and the volatility control strategy that is exclusive to BlackRock. The fund is managed by BlackRock Multi-Asset Strategies and Solutions, or MASS, which has more than 20 years of experience and over 2.5 trillion US dollars in assets under management.
BlackRock IncBlackRock partners with SCB WEALTH/SCBAM to launch and manage the SCBGMHEAVY fund, expanding its fund management business.
SCB X Public Company LimitedSCB WEALTH, part of SCB X, launches the SCBGMHEAVY fund with BlackRock, completing its Investment Shelf and expanding its wealth-management product lineup.
SCBAM co-launches and manages the SCBGMHEAVY multi-asset fund with BlackRock, adding a new risk-level-6 product to its fund range.