Siberia will be full of investment opportunities in the next 3 decades if you can get in right after the war, says a fund manager who manages $7 billion in assets

At the Forbes Global CEO Conference in Singapore on Monday, a Hong Kong-based fund manager said that investing in Russia might surprise on the upside after the conflict with Ukraine is over.

Siberia will be the most productive farmland in the world in the next three decades. Cheah Cheng Hye is co-chief investment officer of Value Partners Group, which manages $7 billion in assets.

Crop yields have been negatively impacted by climate change. Some of the world's largest reserves of cropland are located in Siberia, which has the potential for huge farms.

Cheah thinks that Russia could be the winner of global warming. The majority of Value Partners' clients are located in China and Hong Kong.

Cheah spoke about investing that could surprise on the upside.

Russia is not good news for investors at the moment.

Siberia is a huge resource play for investors.

Siberia is home to wide swathes of oil and gas fields and farmland.

Chinese citizens leased or sold at least 865,000 acres of farmland in Siberia before the war, accounting for 16% of the land used for farming, according to the Russian service of the British Broadcasting Corporation.

China did not condemn Russia over the war. China approved wheat imports from all regions of Russia in February, giving a new market for the major exporter of the grain. In the first eight months of the year, trade between China and Russia has increased.