Economists, analysts and asset managers surveyed by CNBC identified the best investment opportunities. They listed the industries and individual assets in which they would invest a million dollars in the current environment.
John Pantekidis, chief investment officer at TwinFocus, a high-net-worth-client trustee, said he would invest a million dollars to buy a stake in a specialized real estate fund, REIT. Such funds invest the funds raised either in real estate objects or in bank bonds secured by mortgage loans.
“The REIT we invest in owns one of the UK’s leading shopping centers. If it is sold at a certain price, our yield will be about 20 percent, which is very attractive, given the level of risk that we take on, ”said Pantekidis.
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According to him, many properties across Europe have now fallen in price by 20-30 percent, which makes them a priority investment for investors with the aim of subsequent resale after price recovery.
The founder and head of the management company Cresset, Eric Becker, offers to invest in commercial real estate, which is currently in high demand. In particular, IT companies need it, which require additional storage space for servers. Due to the restrictions introduced against the backdrop of the coronavirus pandemic, many processes have been moved online. As an example, Becker cites the Zoom video calling service, which has gained popularity in recent months and needs new data processing capacity.
The founder of the Raffles management company also offers to pay attention to real estate. He calls the Asian market preferred. At the same time, he notes the importance of diversifying investments, offering government and corporate bonds of Asian companies, in particular, Chinese ones, as an alternative direction.
Akshay Shah, the founder of Kyma Capital, is proposing to invest a hypothetical $ 1 million in shares in an electric bike manufacturer. The latter, he said, are popular against the backdrop of a pandemic and are able to bring good profits to the manufacturer and its owners.
As exotic investment objects, the interviewed experts named real estate in low-tax countries and jurisdictions, a collection of dinosaur fossils, Chinese contemporary art, as well as branded items associated with the largest bankrupt companies in recent years (such as the American investment bank Lehman Brothers).
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