What investors with $3.4tn are buying amid Covid
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 amid coronavirus pandemic. In interviews with sovereign wealth funds, pension firms and asset managers that collectively manage about $3.4 trillion, one thing was clear: many of them are avoiding the overheated stock market.
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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 amid coronavirus pandemic. In interviews with sovereign wealth funds, pension firms and asset managers that collectively manage about $3.4 trillion, one thing was clear: many of them are avoiding the overheated stock market.
