{"id":6630,"date":"2018-06-19T00:00:00","date_gmt":"2018-06-19T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/06\/19\/expert-advise-inclusions-cryptocurrencies\/"},"modified":"2018-06-19T00:00:00","modified_gmt":"2018-06-19T00:00:00","slug":"expert-advise-inclusions-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/expert-advise-inclusions-cryptocurrencies\/","title":{"rendered":"Expert advises fund managers on the inclusion of cryptocurrencies"},"content":{"rendered":"
Professional funds managers are realizing that digital currencies are asset class that can no longer be ignored.<\/strong> This is despite the slide in the market and cryptocurrency industry having its fair portion of negative publicity. A report recently released by Grayscale Investments<\/a><\/strong> stated that the addition of cryptocurrencies as part of investment portfolio by finance professionals enhances returns, counterintuitively diminishes risks and instability.<\/p>\n Grayscale Investments, one of the players committed to introduction of the potentials inherent in cryptocurrencies adoption by corporate finance sector released the study titled: “A New Frontier: How Digital Assets Are Reshaping Asset Allocation” by Matthew Beck.<\/strong><\/em><\/a><\/p>\n The report is an audacious one aimed at making fund managers understand the prospects in building portfolios that include digital currencies in a manner that balances it with traditional assets.<\/p>\n The study said that these fund managers :<\/p>\n \u201cview digital assets as a brand new asset class that can enhance strategic asset allocation and help investors build portfolios with higher risk-adjusted returns. We will provide a few different lenses through which the reader can gain a deeper understanding of the role that digital assets may play in building more efficient portfolios.\u201d<\/em><\/p>\n <\/p>\n According to Beck, cryptocurrencies, which he referred to as \u201cdigital assets\u201d<\/em><\/a><\/strong> have created opportunities for diversifying returns for investors. According to him, this provides unique prospects not seen before and should be considered as part of a systematic approach in the creation of optimal beta portfolio in combination with the traditional assets.<\/strong><\/p>\n Digital Currency Group<\/strong> (DCG) is the venture capital company, parent of Grayscale. The group also has Coindesk<\/strong> as its independent media platform, both of which were founded by Barry Silbert, a cryptography enthusiast.<\/span><\/p>\n