Death, Taxes, Crypto: Fmr. $13 Billion Asset Chief Certain Every Investor Will Own Bitcoin

Death, Taxes, Crypto: Fmr. $13 Billion Asset Chief Certain Every Investor Will Own Bitcoin


By CCN: Travis Kling, a former L/S Equity Portfolio Manager at Point72, a hedge fund with $13 billion in assets under management (AUM), has said in the long-term, every investor will have some exposure to crypto assets like bitcoin. Kling, who founded crypto asset management firm Ikigai Asset Mangement, said: Every investor will have crypto asset exposure in their portfolio eventually. All of them. How early or late each of them are will matter a lot for that portfolio. The statement of Kling comes after the bitcoin price has risen 66 percent in the past month, breaching $8,000 and recovering

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Posted by Joseph Young on May 16, 2019 @ https://www.ccn.com/every-investor-will-own-crypto-bitcoin-eventually

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