By Kim Minji

A Credit Suisse analyst has named Korea a "top pick" for investment amid the pandemic.

Dan Fineman, co-head of equity strategy for Asia Pacific of the Swiss-based financial services company, on Oct. 27 told CNBC, "They (Korea) have handled the pandemic quite well, and they do not really have much of a domestic problem as far as the pandemic is concerned."

Korea's export sector has also improved, he added, while also recommending Australia and Singapore as low-risk investment nations during the pandemic.

"I think clearly Asia is going to be resilient in the face of a second wave in developed markets in the West," he said.

"We need to look at the shift in consumption patterns that has occurred in the West since the pandemic began," he added. "We have seen a shift of consumption patterns away from services towards goods — and that has enabled Asian exports to improve in recent months."

"As long as that shift in consumption patterns in the West continues away from services towards goods, actually the damage to Asia from a second wave in the West might be quite limited."

kimmj7725@korea.kr