BEAMSTART Logo

Pension funds dabble in crypto after massive bitcoin rally

Financial Times LogoFinancial Times16h ago

Pension funds dabble in crypto after massive bitcoin rally - Financial Times

Quick Summary:

Still, funds allocating to bitcoin and other cryptocurrencies remain a minority in the pensions industry, with consultants mostly reluctant to recommend exposure to their clients.

Sam Roberts, director of investment consulting at Cartwright, said while the pensions industry was “slow moving” he expects this year to be “very interesting” in terms of schemes deciding to allocate more to crypto.

Matt Scott, a consultant at Mercer, which advises UK pension funds, said: “Since election day we have been getting a flood of queries in — trustees don’t like to think that there’s a hot asset class out there that they don’t know anything about.


More Pictures

Pension funds dabble in crypto after massive bitcoin rally - Financial Times (Picture 1)

or

Article Details

Author / Journalist: Nikou Asgari

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 05:00:17 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 878 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25187797

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 18 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Pension funds dabble in crypto after massive bitcoin rally" has 878 words across 25 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "Pension funds dabble in crypto after massive bitcoin rally" was covered 16 hours ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 18 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25187797
  • URL: https://beamstart.com/news/pension-funds-dabble-in-crypto-17370077634748

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.