A UK pension fund has made a historic move by allocating 3% of its £50 million portfolio to Bitcoin, opting for direct investment. This decision was made after thorough consultation on ESG, investment case, and security. Cartwright introduces a Bitcoin Employee Benefits scheme for direct BTC payments.
Cartwright Fund makes a 3% Bitcoin allocation to a UK pension scheme, marking a first for the nation and encouraging institutional interest. This move aligns with Cartwright's strategy for diversification and risk management amid economic uncertainties.
A UK pension fund has allocated 3% of its portfolio to Bitcoin, marking a first for British pension funds.
The Cartwright pension fund in the UK has decided to include Bitcoin (BTC) in its investment portfolio, reflecting growing interest in cryptocurrency and changing approaches to institutional asset management.
UK pension fund Cartwright adopts Bitcoin, allocating 3% of its assets to the cryptocurrency, signaling increased institutional interest.
