
DBS Private Bank's main portfolio hits 7% YTD gains in July
It is designed to capitalise on long-term, irreversible growth trends.
DBS Private Bank’s flagship investment portfolio reached a record high of 7% YTD gains in July, outperforming the composite benchmark’s 2.2% gain, according to an announcement.
The bank’s Chief Investment Office (CIO) Barbell Strategy Portfolio is designed to capitalise on long-term, irreversible growth trends whilst reducing short-term volatility through income-generating assets. It is open-ended with no fixed maturity and is rebalanced monthly or upon update of portfolio components.
It is available in six currencies, at a minimum investment sum of USD / SGD / EUR / AUD / CHF 100,000 or HKD 500,000. It is also built on a combination of top-down asset allocation and bottom-up stock selection.
The CIO sets the overall investment strategy, asset allocation and sector exposure based on its macroeconomic and thematic trends, while portfolio construction and stock selection rely on the extensive research expertise and stringent curation of DBS’ research, discretionary portfolio management (DPM) and product teams.