Brazil’s largest asset manager recommends investors put up to 3% of their money in Bitcoin to protect against currency and market shocks
Brazil’s largest private asset manager, Itáu Asset Management, has recommended that investors allocate 1-3% of their portfolios to bitcoin. BTC$90,143.11. In a year-end note, Renato Eid, head of beta strategies and responsible investment at Itaú Asset Management, argued that bitcoin’s lack of correlation with traditional local assets makes it a useful diversification tool. The rating […]










