On November 23, Andrew Lill, chief investment officer of Australian pension fund Rest Super, told its members at the annual general meeting that the fund plans to invest in cryptocurrencies.

Andrew Lill said that this is still a very volatile investment, so any allocation of cryptocurrency exposure may become part of its diversified portfolio, because the initial allocation is quite small and may change over time. Increase. Rest Super believes this is a very interesting and important part of its future portfolio.

It is reported that Rest Super currently manages approximately US$66 billion in managed pensions, and the amount and time it will commit to invest in this asset class remains to be understood.

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Post time: Nov-24-2021