The multi-family office is aiming to raise over US$50m for the variable capital company (VCC) sub-fund and have its autocall strategy tokenised in weeks.

ICH Asset Management announced today (1 September) that it has rolled out an open-ended fund investing in autocallable notes wrapped in a VCC sub-fund, in a first for Asia. The fund – ICHAM Defined Growth Fund – seeks capital growth of approximately 9% to 10% by allocating its entire assets to a target range of 25 and 50 autocallable notes. Each note tracks a basket of headline indices including the S&P 500, Russell 2000, Hang Seng Index, Nikkei 225, and Eurostoxx 50, Felix