May 21st, 2024

Citi Private Bank's Liu Says Market Performance Broadening

In spite of numerous risks, from election uncertainty to rising geopolitical tension, Global Head of Citi Private Bank Ida Liu continues to see pockets of long-term opportunity. Zeroing in on ultra-high-net-worth clients, Liu also observes a rotation into alternative assets, as investors are willing to pay an "illiquidity premium" to secure higher returns. Liu spoke to Guy Johnson, Anna Edwards and Kriti Gupta on 'Bloomberg Markets Today'.