LONDON, July 6, 2026, 18:02 BST
- Standard Chartered rose 1.32% on Monday, while the FTSE 100 fell 0.26%.
- The bank and BlackRock launched an Asia Pacific multi-asset fund for wealth clients.
- Company-compiled consensus points to Wealth Solutions income rising about 50% from 2025 to 2028.
Standard Chartered PLC LON:STAN rose on Monday as a new BlackRock Inc. NYSE:BLK fund gave investors another data point on a shift in the bank’s earnings mix toward wealth fees and away from pure rate income.
The stock was quoted at 2,150/2,151 pence, up 28 pence or 1.32%, at 16:49 BST. The FTSE 100 (INDEXFTSE:UKX) was down 0.26%, while Barclays’ market data showed the UK financial services sector up 1.99%. The London Stock Exchange’s regular session runs from 8:00 a.m. to 4:30 p.m. local time on July 6.
Standard Chartered gained 1.53% on Friday to close at 2,122 pence, taking the two-session rise to about 2.9%. The FTSE 100 rose 0.25% on Friday and fell 0.26% on Monday, a near-flat two-session index move.
Reuters reported earlier on Monday that Standard Chartered and BlackRock had launched the Signature Select APAC Allocation Plus fund, with exposure across equities, fixed income and liquid alternatives. The fund will be offered first to accredited and professional investors in Hong Kong, Singapore, the UAE, Jersey, Malaysia, Kenya and Nigeria.
Standard Chartered’s own release said the fund is the eighth sub-fund on its Variable Capital Company platform and its third fund launch in 2026. Sumeet Bhambri, global head of advisory and managed investments at Standard Chartered Wealth Solutions, said the bank was deepening its BlackRock tie-up through the fund. Andrew Landman, BlackRock’s deputy head of Asia-Pacific, said Asian assets were still “underappreciated.” Standard Chartered Bank
The reason it matters for the stock is in the revenue split. In the first quarter, Standard Chartered said non-interest income rose 16% to $3.0 billion, above net interest income of $2.9 billion. Wealth Solutions income rose 32%, while Global Banking rose 19%. The bank kept 2026 guidance for reported income growth around the bottom end of its 5%-7% range and said net interest income should be broadly flat.
Company-compiled consensus, based on 15 analysts and dated April 24, shows the same tilt. By 2028, analysts expect Wealth Solutions to add $1.53 billion of income from 2025, equal to about 56% of the forecast rise in adjusted non-interest income.
| Metric | 2025 actual | 2026 consensus | 2028 consensus | 2025-28 change |
|---|---|---|---|---|
| Adjusted net interest income | $11.18 bln | $11.24 bln | $11.89 bln | +6.3% |
| Adjusted non-interest income | $9.76 bln | $10.72 bln | $12.50 bln | +28.1% |
| Wealth Solutions income | $3.09 bln | $3.63 bln | $4.62 bln | +49.6% |
| Operating income | $20.94 bln | $21.95 bln | $24.38 bln | +16.4% |
| Return on tangible equity | 11.9% | 12.5% | 15.1% | +3.2 pts |
That is the narrow read-through from the BlackRock launch. The fund itself has no published asset target, but the platform count and market list show the bank is adding products where the consensus already assumes faster growth than in net interest income.
The stock is also pressing against analyst targets. LSEG data carried by Investors Chronicle showed 12 analysts with a median 12-month target of 2,102.22 pence, below the 2,122 pence reference price used in that dataset.
| Forecast gauge | Low | Median | High | Note |
|---|---|---|---|---|
| 12-month price target | 1,491.10p | 2,102.22p | 2,385.31p | Median implies -0.9% vs 2,122p |
| Recommendation count | 1 sell | 4 hold | 8 buy/outperform | Strong sell: 0 |
Standard Chartered has also been adding digital-asset products for institutions. On July 2, it said it had partnered with Circle Internet Group (NYSE:CRCL) to offer eligible institutional clients access to USDC minting and redemption through a single onboarding process, first through its DIFC operations. Roberto Hoornweg, CEO of corporate and investment banking at Standard Chartered, said institutional clients wanted the “same levels of trust and governance” they expect in traditional markets. Standard Chartered Bank
The week before that, Standard Chartered said it had executed digital asset prime brokerage trades with LMAX Group for spot bitcoin and ether with T+1 settlement through its UK branch. Alison Higgins, head of prime services, called the pilot part of a plan to build an institutional-grade digital asset platform.
The next hard test is July 29, when Standard Chartered is due to release second-quarter and half-year results at 05:00 UK time, followed by a presentation at 08:00.
