The expert told about actual investment instruments
Against the background of continuing volatility on the Russian stock market caused by the high key rate, liquidity outflow and new sanctions restrictions, investors should pay attention to conservative and protective instruments, Capital Lab partner Evgeny Shatov told Izvestia on January 18.
"In an environment of high interest rates, deposits remain one of the most attractive instruments for capital preservation. The level of deposit rates in the largest banks reaches 23%, which allows you to get a stable income with minimal risks," Shatov said.
According to him, highly liquid money market funds allow investors to place funds with minimal risk, while providing access to liquid assets. Among debt instruments it is worth paying attention to corporate bonds with floating rate (floaters), which provide protection from interest rate fluctuations. At the same time, high-yield bonds may be less attractive due to the increase in credit risk on the background of high rates.
According to the specialist, to reduce currency risks, one can consider bonds denominated in yuan, as well as substitute bonds. They can act as a hedging instrument against possible ruble devaluation.
In addition, gold and silver retain their role as protective assets in conditions of geopolitical instability and inflationary pressure. These instruments can become an important part of a diversified portfolio.
"In the current situation, the key principles of investing remain conservative approach, diversification and orientation to instruments with a minimum level of risk", - summarized Shatov.
The information in the material is not an investment recommendation.
Earlier, on January 16, Oleg Reshetnikov, stock market expert at BKS World of Investments, and Natalia Malykh, head of the stock analysis department at Finam Financial Group, told Izvestia about the consolidation of the MosBirch index at 2900 points due to the halt of monetary policy tightening. According to experts, in December the Central Bank unexpectedly kept the key rate at 21% despite expectations of an increase amid weakening corporate lending. If this trend continues in 2025 and inflation shows a tendency to slow down, the chances of monetary policy easing will increase.
