While asset managers have accumulated 4% of Bitcoin’s supply, private and public companies have also amassed 1% each.
Category: asset managers
Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance ProfessorAsset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth strategy could violate their fiduciary duty if they do not
Spain’s Largest Asset Managers Still Reluctant to Invest in CryptocurrenciesSpain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies
The biggest Spanish asset managers are still not convinced of cryptocurrencies as an asset class, and therefore have no plans to invest in the space yet. The declarations of several
Goldman Sachs Says FOMO Is Driving Institutional Investors to BitcoinGoldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO). Goldman now considers bitcoin a new asset class. Nonetheless, institutional
Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict RegulationsAsset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations
A number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory
Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their PortfoliosInvestment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their Portfolios
Investment bank Cowan, founded in 1918, is launching a cryptocurrency service in partnership with Standard Custody & Trust Co. to help institutional clients “seamlessly secure, access and leverage cryptocurrencies and