Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor

Asset Managers Could Violate Fiduciary Duty If They Don't Consider Bitcoin, Says ResearcherA 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 consider bitcoin in their portfolios. Asset Managers With Growth Focus Need to Consider Bitcoin Financial researcher Nik Bhatia said last week that asset managers seeking […]

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Spain’s Largest Asset Managers Still Reluctant to Invest in Cryptocurrencies

Spain's Largest Asset Managers Still Reluctant to Invest in CryptocurrenciesThe 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 spokespeople linked to these companies state that, while there is a significant opportunity in the nascent cryptocurrency sector, it is still too young and volatile […]

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Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin

Goldman Sachs Says FOMO Is Driving Institutional Investors Into BitcoinInvestment 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 investors are facing several strong barriers to entry into the crypto market. Asset Managers, Institutions Facing Crypto FOMO Goldman Sachs said Monday that the fear […]

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Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations

Asset Managers UBS, Pimco, T. Rowe Price, Glenmede Warn About Cryptocurrency Investing, Expect Strict RegulationsA 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 controls ahead for crypto as it becomes more mainstream,” said UBS. Asset Managers Caution of Crypto Investing A number of asset managers have expressed caution […]

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Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their Portfolios

Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their PortfoliosInvestment 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 digital assets in their portfolios.” Cowan’s CEO said: “The demand is clearly here. We’re going to be able to help a lot of our institutional […]

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