Calastone has joined forces with Schroders to launch a tokenised investment vehicle project for Variable Capital Companies (VCCs).
Schroders will work with the Monetary Authority of Singapore as part of Project Guardian, an initiative aimed at developing a "responsible and innovative" digital asset ecosystem. The asset manager will partner with Calastone to explore the capabilities of a tokenised vehicle for VCCs - a common fund structure in Singapore. The collaboration will also explore asset ownership linked to blockchain technology, which Schroders said could improve personalisation of investment products and provide more cost-efficient investment allocation for retail and institutional investors, while simpl...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
