Where I’m investing my money this summer: deVere CEO

<p><strong>By George Prior </strong></p>
<p>Savvy investors around the world are using the ‘summer markets’ period to consider rebalancing their portfolios and, speaking in a recent social media post, the CEO and founder of one of the world’s largest independent financial advisory organizations said this summer he’s investing in three key areas.</p>
<p>deVere Group’s Nigel Green, specifically, said he is increasing his investment exposure to semiconductors, energy, and Bitcoin.</p>
<p>He explains: “Many investors reduce their market activity during this summer, which leads to lower trading volumes and less liquidity, and this in turn traditionally creates price inefficiencies and increased volatility.</p>
<p>“When used effectively and efficiently, volatility can be an extremely powerful investment tool as you can enhance your portfolios with high quality assets at lower entry points.</p>
<p>“This year, the volatility could be heighted following a wave of central bank decisions last week which could suggest that a new era for monetary policy is on its way.”</p>
<p>Nigel Green continues: “Semiconductors are the building blocks of modern tech. They power a wide range of devices and applications, including smartphones, computers, automotive electronics, data centres, artificial intelligence (AI), Internet of Things (IoT) devices, and much more.</p>
<p>“As the world becomes ever-more digitalised and interconnected, the demand for semiconductor components will grow exponentially.</p>
<p>“In addition, due to the growing need for them, there’s a global race by governments for more advanced semiconductors and quicker and more resilient supply chains. As such, there will be a raft of substantial support packages to the industry.”</p>
<p>The second area which the deVere CEO is actively increasing exposure to this summer is energy.</p>
<p>He says: “Investors are largely ignoring energy and prices are lower than almost any other sector – so already a huge advantage.</p>
<p>“I’m piling in now as I believe that as interest rates peak and the global economy turns a corner, which could be within a year or so, demand for energy will soar.”</p>
<p>Bitcoin, the world’s largest cryptocurrency, is the third major asset class of interest for Nigel Green, currently.</p>
<p>“Not only does Bitcoin remain one of the best performing asset classes of the decade, I believe its performance will further strengthen. Both institutional and retail investors are increasingly seeing the value of a digital, global, borderless and tamper-proof currency and store of value.</p>
<p>“This trend will increase as adoption picks up further and as confidence grows again in the global economy.”</p>
<p>As ever, the deVere CEO stresses the importance of diversification.  “While these three asset classes are catching my eye, my main focus is always diversification.</p>
<p>“There remains one clear way for investors to maximise returns relative to risk: the time-honoured practice of portfolio diversification.</p>
<p>“A considered mix of asset classes, sectors, regions and currencies offers protection from market shocks. A good fund manager will help investors capitalise on the opportunities that volatility brings and sidestep potential risks as and when they are presented.”</p>
<p>He concludes: “The investment adage ‘Sell in May and go away’, is a myth.</p>
<p>“The so-called ‘Summer Swoon’ is an important period for investors who are serious about building wealth for the long-term.”</p>
<p><strong>About:</strong></p>
<p><em>deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.</em></p>