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11/5/2024 9:39:33 AM (GMT+1)

The first pension fund in the UK allocates 3% of its assets (£50 million) to Bitcoin following a recommendation from Cartwright, corresponding to a 10-year investment horizon 💼📈

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An unnamed pension fund in the UK is allocating 3% of its assets, valued at £50 million, to Bitcoin. This is the first such decision in the country, made after careful preparation in October. A specialist from Cartwright, Sam Roberts, stated that the 10-year investment horizon makes this strategy reasonable.

Bitcoin allows for significant returns even with small investments, and effective risk management protects the fund. Cartwright emphasizes that this decision opens access to the potential growth of Bitcoin for pension schemes of any size. It is also mentioned that a second, larger pension fund is considering a similar opportunity but is still in the early stages.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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