Bitcoin has a habit of turning sensible families into improvisational technologists. An entrepreneur buys a “small” allocation, stores the seed phrase “somewhere safe”, and calls
For most high net worth investors, Bitcoin does not enter the room as an asset-class peer of global equities or investment-grade bonds. It arrives as
Pension funds live in the uncomfortable gap between nominal promises and real outcomes. Their liabilities are defined in today’s money; their beneficiaries will spend in
Pension funds are not in the business of fashion. Their job is prosaic but unforgiving: to meet promises made decades ago, in currencies whose future
Long-only equity and balanced funds are not usually thought of as havens of experimentation. Their business is to deliver steady, benchmark-aware returns, not to chase
Bitcoin is no longer a curiosity for retail traders; it is a persistent feature of the global risk landscape. For multi-asset managers, the question is