Standard Chartered’s Hsu says equities should stay in retirement portfolios
In short
Standard Chartered CEO Judy Hsu says people should keep equities in retirement portfolios even when markets move up and down.
The story also says money has been leaving Indian stock markets, while rich clients are showing more interest in private credit. It does not say where Hsu made the comments or how big the fund outflows were.
What the reporting says
Standard Chartered CEO Judy Hsu said equities must remain in retirement portfolios despite recent market swings, according to the market summary. The report also says funds have been leaving Indian equity markets amid global economic changes, while private credit interest is rising among high-net-worth individuals and entrepreneurs are the bank’s fastest-growing affluent client group. The source does not say whether Hsu’s comments came at a conference, in an interview, or in a formal statement.
Why it matters
The summary says Judy Hsu of Standard Chartered argued that equities remain important in retirement portfolios despite market fluctuations. It also says funds have been moving out of Indian equity markets because of global economic changes, while private credit interest is rising among high-net-worth individuals and entrepreneurs are the bank’s fastest-growing affluent client segment. The source does not give fund-flow figures or the setting for Hsu’s remarks.