Today news
About the same in other media
BREAKING: $2.2T asset manager PIMCO plans to buy more crypto
Reading now: 739
Fixed-income manager PIMCO is planning to increase its exposure to digital currencies such as Bitcoin (BTC) after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major institutions are starting to embrace the emerging asset class.
In an interview with CNBC on Wednesday, chief investment officer Daniel Ivascyn confirmed that PIMCO already has exposure to “crypto-linked securities” through various hedge fund portfolios. He said the firm plans to gradually increase its exposure to the asset class as part of its “trend-following strategies or quant-oriented strategies.” He further explained:
Founded in 1971, PIMCO is one of the world’s largest asset managers focused on active fixed-income
Read more on cointelegraph.comAbout this in other media
EU central banks work on DLT-based asset settlement cointelegraph.com /3 years ago
Siam Commercial Bank buys controlling stake in digital asset exchange Bitkub finextra.com /3 years ago
Money managers with zero crypto exposure risk being left behind — Bloomberg strategist cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
