$7 Billion Investment Firm Horizon Kinetics Grows Bitcoin Exposure
Horizon's Paradigm fund now maintains a 5.8% allocation to GBTC, making Bitcoin exposure effectively its second largest holding.Investment firm Horizon Kinetics has revealed new details about how it has used Bitcoin to improve the performance of one of its top equity funds. In an interview with Financial Times, the $7 billion investment firm revealed its Kinetics Paradigm fund increased exposure to the Grayscale Bitcoin Trust (GBTC) in Q2 2021. As of June 30, the Paradigm fund maintained a 5.8% allocation to GBTC, making Bitcoin exposure effectively its second largest holding. This was up....
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A $7 billion firm recently advised that land and cryptocurrency are two assets that can combat currency debasement. In addition, the contrarian investment company is telling investors that crypto assets will help them more to face the growing economic challenges worldwide. During a discussion, the co-founder of Horizon Kinetics, Peter Doyle, stated that the global pandemic and the high debts looming above different economies would bring an “Inflection point” for the global economy. According to Doyle, there is no other option to handle these issues except currency debasement or....
Crypto and land are the best assets to protect against currency debasement, advises contrarian investment firm, Horizon Kinetics. Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges.Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the coronavirus pandemic and growing debt will usher an inflection point for the world economy, predicting:“There is no turning back after the pandemic and globally there is a debt problem and it means either default or currency....
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The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order to comply with the Securities and Exchange Commission’s EDGAR filing system. Neuberger Berman’s 497 Shows Bitcoin and Ethereum Exposure Neuberger Berman (NB) has detailed in a Form 497 filing with the Securities and Exchange Commission (SEC) that it is now permitting active exposure to crypto....