New research has highlighted the growing interest from UK institutional investors and wealth managers for cryptoassets with more than two thirds of those asked pointing to crypto increases in portfolios and a large portion (around 20%), expecting to “dramatically increase” their exposure to cryptoassets between now and 2023.
London-based Nickel Digital Asset Management (Nickel), Europe’s largest regulated crypto hedge fund manager, was founded by senior traders and investment professionals formerly from major financial institutions including Goldman Sachs and JPMorgan. It believes that the UK is one of the most attractive markets for hedge fund managers focusing on crypto and digital assets, as new research reveals potential for strong growth in the country.
Research
Nickel Digital commissioned a survey with 23 institutional investors and wealth managers in the UK who collectively oversee US$66.5bn in assets and who currently have some exposure to digital assets. The survey revealed that six of those interviewed expect to dramatically increase their exposure to…