Hellenic Bank has underscored the importance of long-term investment strategies in navigating a highly volatile market environment.
Speaking at the first Where to Invest Forum 2024, organised by the bank as part of its commitment to fostering sound investment principles, wealth and investment services manager Michaella Savva stressed that investors should maintain a strategic, long-term focus.
“In a fast-evolving market with rapid shifts and geopolitical tensions, a strategic, long-term perspective is not just advisable but essential,” Savva stated.
Furthermore, Savva also discussed “megatrends” influencing today’s markets, encouraging investors to diversify across assets, regions, and markets.
“At Hellenic Bank, we encourage diversification across assets, geographical regions, and thematic sectors, helping our clients to build resilient portfolios that can respond to modern market challenges,” stated Savva.
Despite the challenges, she continued, there are also many opportunities for investors, who should approach them with caution and selectivity.
“Some strong trends, which have already shaped our daily lives and society, are here to stay and create new investment prospects,” she said.
She pointed out that one of these trends is sustainable development and the transition to a green economy.
Savva said that this sector offers significant opportunities for companies engaged in renewable energy and for businesses investing in sustainable development and adapting their operations to green energy.
What is more, Savva said that “equally important is the trend of digitalisation, with artificial intelligence (AI) acting as a catalyst for innovation”.
She added that “the potential of AI is vast, and companies worldwide are investing in AI technologies, integrating it into their operations, creating investment opportunities in AI technology and infrastructure sectors”.
Moreover, Savva explained that as economies age, the healthcare sector is expected to occupy an increasingly larger share of household and government spending, creating investment opportunities for companies providing relevant services.
She mentioned that “the ageing population and declining birth rates are also driving pension funds to revise their investment strategies to ensure long-term sustainability”.
“On an individual level”, she said, “it is crucial to start retirement planning early, securing a more stable financial future”.
In addition, Savva reminded attendees that “investing is a journey requiring both consistency and flexibility”.
She urged investors to remain committed to their long-term strategies rather than being swayed by short-term market fluctuations, adding that wealth management is essential for overall financial health and prosperity.
Also addressing the forum, Andreas Assiotis, Head of Retail Banking, highlighted the organisation’s commitment to making wealth management accessible to all.
“At Hellenic Bank, we guide clients throughout their financial journey with a disciplined, adaptable investment approach tailored to individual goals,” he said.
In this context, he referenced the bank’s goal-driven investment model.
“This approach”, he explained, “aligns with international best practices, helping clients maintain focus on their long-term financial strategies”.
