[Sponsored Report] SC Bank hosts wealth forum for its clients

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[Sponsored Report] SC Bank hosts wealth forum for its clients

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Steve Brice, the chief investment strategist of Standard Chartered Bank, gives a speech during the 2014 International Wealth Forum last Saturday in Seoul.Provided by the company

Standard Chartered Bank hosted the 2014 International Wealth Forum last Saturday at Blue Square inside the Samsung Electronics Hall in Hannam-dong, central Seoul.

The U.K. bank has operated for more than 150 years in the global market and it is currently making 90 percent of its earnings from Asia, Africa and the Middle East. Focusing on its stable relationship with its clients, the bank has developed continuously over the years. Standard Chartered is listed on the London, Hong Kong and Mumbai stock exchanges in addition to the National Stock Exchange of India.

Standard Chartered believes that its “customer first” management will establish a solid position for the bank as the best international bank in South Korea. With its 1,700 branches in 68 countries, the bank has 88,000 employees with global experiences around the world. Its global network provides domestic companies the bridge to foreign markets and individual clients with innovative products and better services. The International Wealth Forum is one of the special services the bank offers to its clients.

The forum provided an opportunity for individual investors to discuss the global investment direction with asset management analysts of the bank. This is the third year Standard Chartered has hosted such events. The latest forum, the second one of the year, was an investment forum with cultural events that made the visit even more beneficial for the guests.

The chief investment strategist of the bank, Steve Brice, visited South Korea for the forum. The investment expert, a member of the global research team of Standard Chartered, is a popular speaker regarding the global economic views in the media such as CNBC and Bloomberg.

In this forum, Brice gave a speech about the prospects of the global economy this year and the corresponding tactics for investing. Brice shared his analysis on the world market with the audience. The speaker encouraged the domestic investors to take a bold step and invest in other countries, especially the United States, where the economy is expected to grow this year. He also advised the investors to make strategic movements toward to this new trend. He expects visible growth in the world economy, specifically in the developed countries rather than emerging markets. He also suggested detailed strategies on balancing stock and bond investments.

Besides the lectures, the attendants enjoyed watching the Korean rendition of “Le Roi Soleil,” one of the most successful French musicals about the life of the Louis XIV. Actor Ahn Jae-wook played the role of the French king and amused the audience with his exciting music and choreography.

Standard Chartered Bank will continue to provide its clients diversely themed wealth forums and give domestic investors an opportunity to attend investment seminars. The bank aims to promote a global approach to investment strategies.

“Today’s international wealth forum is an example of how we bring you in touch with global market views and strategies,” said Rajesh Kannan, the head of wealth management of Standard Chartered. “We would like to be your global trusted adviser, helping you grow, manage and protect your wealth.”

By Kim Young-shin [yskim11@joongang.co.kr]

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