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Cartwright urges UK institutional investors to support Bitcoin

Cartwright urges UK institutional investors to support Bitcoin

 


As revealed by Corporate Adviser last week, Cartwright is urging UK institutional investors to 'catch up to their global competitors in supporting Bitcoin.' This follows the UK's first DB scheme allocation.

The pension expert, who focuses on defined benefit and hybrid schemes, emphasizes that incorporating Bitcoin into pension schemes is “a bold move that reflects the forward-thinking nature of the trustees involved”.

Now the company has recommended its first plan for a 3% Bitcoin allocation in October. According to Cartwright, the move is consistent with the private plan's long-term investment strategy, supported by strong risk management at both asset and plan levels.

Sam Roberts, Director of Cartwright Investment Consulting, said: “Directors are increasingly looking for innovative solutions to secure the future of their schemes in the face of economic challenges. This Bitcoin allocation is a strategic move that not only provides diversification but also leverages an asset class with a unique asymmetric risk-return profile.

Our approach ensures that plans benefit from significant potential advantages while limiting potential disadvantages. Integrating Bitcoin into a pension scheme investment strategy is a bold move that reflects the forward-thinking nature of the trustees involved. We are proud to have led this groundbreaking move that we hope will be the start of a trend where UK institutional investors are catching up to the growing number of peers and competitors who are already leveraging Bitcoin's unique properties. *.

Steve Robinson, Head of Investment Implementation at Cartwright, said: The operating procedures associated with these Bitcoin investments are designed to maximize the security of your assets while ensuring that profits are quickly recovered when they occur. Our commitment to actively engaging with new innovative technologies means we can ensure trustees remain at the cutting edge of investment solutions. By combining a highly secure custody solution with a mechanism to quickly cut profits as they occur, we enable risk-averse pension schemes and other institutional investors to benefit from Bitcoin's potential growth while managing volatility within a secure strategic framework. I opened the door.

Additionally, the solutions created have low minimum investment standards. This means that this option, unlike many historical investment ideas when it first became available, is available to pension plans of all sizes. We are excited to be leading the way in integrating this exciting asset into a traditionally conservative space, and this strategic move, combined with our safe custody approach, is an innovative way to deliver long-term value to scheme members while reducing costs. We are confident that we will provide . Reliant on employer contribution.

Sources

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2/ https://corporate-adviser.com/cartwright-calls-on-uk-institutional-investors-to-back-bitcoin/

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