Americans Scour Tehran for Assets as Iranians Open Doors

Sporting a monogrammed tie in tie-less Tehran, he could not have been mistaken for a local. As an American who remembers well the U.S. hostage crisis, he might have been forgiven some skepticism about investing in Iran.

But he has been struck, he said, by the “enormous, consistent love and admiration” toward the U.S. he has felt from Iranians and the “good deals” and “nice jewels” to be scooped up on financial markets long off the radar of the world’s money managers.