Me & My Money: Banking on gold amid the Covid-19 crisis

Validus Capital co-founder directs 10% of portfolio in the safe haven, noting the surge in price recently

Validus Capital's co-founder and executive director, Mr Vikas Nahata, says he makes sure his own investments remain diversified to weather uncertain times.
Validus Capital's co-founder and executive director, Mr Vikas Nahata, says he makes sure his own investments remain diversified to weather uncertain times. ST PHOTO: KELVIN CHNG
New: Gift this subscriber-only story to your friends and family

Like many savvy investors, entrepreneur Vikas Nahata is playing it safe amid the pandemic and opting for the traditionally most secure haven of all - gold.

Mr Nahata has directed 10 per cent of his portfolio into the yellow metal, noting that the price has shot up 15 per cent of late.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on July 19, 2020, with the headline Me & My Money: Banking on gold amid the Covid-19 crisis. Subscribe