Equities Vital For Retirement Portfolios: Standard Chartered CEO

Economic Times Markets · stocks

Equities must remain a crucial part of retirement portfolios despite market volatility, according to Judy Hsu, CEO of wealth and retail banking at Standard Chartered. She emphasized that equities will outperform cash over the long term, even with rising interest rates, due to inflation. Hsu also noted that while Indian equity indices have seen sideways movement, the country leads globally in aggregate growth and millionaire additions. Standard Chartered is experiencing significant wealth management growth among entrepreneurs in India and globally.