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What investors with US$3.4 trillion are buying during Covid-19

The world's biggest investment managers have shifted their outlook to assets such as convenience stores, staycations, China tech and fast fashion

In interviews with sovereign wealth funds, pension firms and asset managers across Asia and Europe, one thing was clear: many of them are avoiding the overheated stock market.

New York

HOTELS, pipelines, convenience stores and automaker bonds are among the assets being bought by some of the world's biggest asset managers, as they look for value in a world thrown into turmoil by the coronavirus pandemic.

In interviews with sovereign wealth funds, pension...

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