Judy Hsu, the CEO of Standard Chartered, highlights the critical role of equities in retirement portfolios despite current market fluctuations. Recent trends show a notable withdrawal of funds from Indian equity markets due to global economic changes. The bank has observed a rapid rise in private credit interest among high-net-worth individuals, while entrepreneurs emerge as the fastest-growing demographic of Standard Chartered’s affluent clientele globally.
Judy Hsu, the CEO of Standard Chartered, highlights the critical role of equities in retirement portfolios despite current market fluctuations. Recent trends show a notable withdrawal of funds from Indian equity markets due to global economic changes. The bank has observed a rapid rise in private credit interest among high-net-worth individuals, while entrepreneurs emerge as the fastest-growing demographic of Standard Chartered’s affluent clientele globally. by Soban News (international And National News)