Funds pour into crypto, managers boost holdings
EY poll in UK finds that 31% of hedge fund managers, 13% of private equity managers plan to add cryptocurrencies to their portfolios in next 1 to 2 years
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
FUNDS have poured into Bitcoin and other cryptocurrencies in recent weeks despite the slump from their November highs.
Cryptocurrencies have proved to be highly volatile, complex and risky assets, but hedge fund and private equity managers stated in a recent EY survey that they intend boosting their holdings substantially.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
