The asset manager put 2.5% of its Multi-Strategies Fund in Bitcoin because it's a “potent insurance policy.” That major news for the crypto currency world also for Ruffer investors now they are discovered to Bitcoin technology.
London-based asset manager, Ruffer Investment Company, today announced that it gave 2.5% of one of its finances to Bitcoin.
The firm manages $20.3 billion in assets Ruffer serves individuals and families, institutions, charities and financial planners, in the UK and internationally.
It joins many other “universal economic” organizations and moguls who are innovative to cryptocurrency. They see the benefits in Bitcoin ROI, yet the technology is amazing while still growing.
Bitcoin crypto cousins Altcoins are becoming a factor in the crypto currency’s community most investors still doing due diligence on a lot of Altcoins dues to the bad press around the projects mostly mega superstars are making projects and running off with investors funds but since Altcoins and Bitcoin are going mainstream, a lot of funky projects will get banned or face legal issues.
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