Australian pension fund considers crypto investment

Australian pension fund considers crypto investment

One of Australia’s largest pension funds has said it may make small investments in the cryptocurrency sector, in another sign that retirement vehicles are taking the digital asset space seriously despite the regulatory risks.Queensland Investment Corporation (QIC), which manages A$92.4bn ($69bn) of assets and is Australia’s fifth biggest pension fund, told the Financial Times that … Read more

Many mutual fund investors charmed by crypto currencies, trading

Many mutual fund investors charmed by crypto currencies, trading

Crypto currency and day trading have caught the fancy of several mutual fund investors, especially youngsters, say financial planners and mutual fund advisors. According to these advisors and planners, many investors are likely to lose their hard-earned money if they bet heavily on these ‘so-called’ investment options that they believe can make people rich overnight. … Read more