Wealthy investors are advised to look at Israeli tech startups, which are well known for developing sophisticated innovations, says Asia Plus Group Holdings (ASP).
Chief executive Kongkiat Opaswongkarn said startup investment is a growing trend because of such firms' high potential growth and exponential rates of return.
"The company has been investing in 3-4 Israeli tech startups for many years, and their returns since inception have been 2-8 times their acquisition value," Mr Kongkiat said. "This is a good opportunity for investors to enhance returns and diversify portfolio risk."
At present, ASP maintains investment in these startups, including Blender, an Israeli fintech firm using artificial intelligence to develop an online lending approval platform, and CYE, a cybersecurity platform providing integrated IT security solutions for global multinational corporations such as Apple, GE and Google.
"Israel, known as a startup nation, is the best country among choices of tech startups, as there is an innovation culture and the government has policies to support innovation," Mr Kongkiat said. "There are nearly 1,000 new startups popping up each year."
He said Israel has distinguished itself in technology, scientific exploration and the quality of research and development. More than 350 global businesses have established R&D centres in the country.
"Israel reported foreign direct investment worth US$129 billion in 2017," Mr Kongkiat said. "In 2018, the value of exit investment is higher than that of the US by nearly twofold, meaning investors can get enormous returns for their investments."
In 2018, Israel reported GDP of $370 billion, with real GDP growth of 3.3%.
The country's GDP per capita was $37,986, ranked in the 20th position globally, and the unemployment rate was 4%.