Category: asset manager

$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says

Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds, public and private pension funds,......

Bitcoin Could ‘Go up Significantly,’ Says CIO of World’s Largest Asset Manager Blackrock

The chief investment officer of the world’s largest asset manager, Blackrock, says he could see bitcoin going up significantly. “I like assets that are volatile that have upside convexity,” he said. Blackrock CIO Sees Significant Upside to Bitcoin Rick Rieder, Blackrock’s......