The Rest Super pension fund has approximately $46.8 billion under management. It manages funds for about 1.8 million members.
During its annual meeting on Tuesday, the fund's chief investment officer said the company views digital assets as "an important part of the portfolio." At the same time, investments in cryptocurrencies should be approached with caution.
He said:
This is still a very volatile type of investment, so we plan to invest only a small part of our portfolio in it to begin with. It is possible that this portion will grow over time.
He added that Bitcoin can serve as a reliable hedge against inflation:
I do believe that in times of inflation, Bitcoin can be a good investment.
Recall that this year the US firemen's pension fund also reported moving part of the portfolio to Bitcoin.
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According to cointelegraph.com
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