Global Investments Executive: Considering increasing Bitcoin holdings, but portfolio proportion may not exceed 5%
BlackRock previously stated that a 2% Bitcoin allocation in traditional multi-asset portfolios is a "reasonable range". In response, Thomas Martin, Senior Portfolio Manager at Globalt Investments, revealed that currently 10% of their portfolio is gold. They may consider increasing their Bitcoin holdings, but the proportion in the portfolio might not exceed 5%.
In addition to this, he also mentioned they might consider holding 5% cash in the investment portfolio with the rest invested in stocks and bonds. The ratio between these two varies according to different investors' risk preferences. Thomas Martin pointed out that in some aggressive strategies he manages for clients, stocks could make up 90% of the portfolio. Gold has very low correlation with stocks, bonds and cash and sometimes it can serve as a store of value.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
RootData: BIO will unlock tokens worth about $1 million in one week
Crypto prices
More
