Click here to subscribe to our newsletter
|
|
|
The Crypto Room : crypto asset quarterly update for institutional investors, Q2 2023
The huge volatility of 2022 for crypto assets including the crypto broker FTX saga have triggered many questions concerning the future of crypto investing especially for institutional investors. In this newsletter, each quarter, we answer questions institutional investors may have about crypto investing. We are focusing on understanding the main news for the industry and their implications for crypto investing together with a follow-up on assets, flows and performances.
In a volatile first quarter experienced by financial markets, one of the two main cryptocurrencies experienced the latest phase of its upgrade. What are the implications of this upgrade for investors? Have crypto assets confirmed their stake in investors’ portfolios? Have crypto flows rebounded? Toward which crypto segments flows have been going year to date? What crypto asset sector has performed best in 2023?
|
|
|
Marlene Hassine Konqui
|
Ahmed Khelifa, CFA
|
Expert in portfolio construction
Co-head of the SFAF ETF commission
Associate Director General BSD Investing
|
Asset allocator
Head of the SFAF ETF commission
CEO L’allocataire
|
| |
| |
|
|
| |
The huge volatility of 2022 for crypto assets including the crypto broker FTX saga have triggered many questions concerning the future of crypto investing especially for institutional investors. In a volatile Q1 2023 experienced by financial markets in 2023, one of the two main crypto currencies experienced the latest phase of its upgrade. What are the implications of this upgrade for investors? Have crypto assets confirmed their stake in investors’ portfolios? Have crypto flows rebounded? Toward which crypto segments flows have been going year to date? What crypto asset sector has performed best in 2023? Do investors need an index approach for Crypto? What has changed in the last few years to make crypto indexing possible? What are the pitfalls of crypto indexing?
Discover all the answers and have a special focus on the latest Ethereum upgrade by clicking here. |
|
|
|
| |
|
| |
The Shanghai upgrade was successfully implemented on the Ethereum main net, enabling the withdrawal of staked ether (ETH) to complete the full transition to Proof-of-Stake (PoS).
Since the go-live date of the first Ethereum Proof-of-Stake chain launched in 2020, the concept of staking has been on the mind of investors as they demanded yield in a low rate environment.
The caveat – no liquidity until withdrawals were enabled. This all changed last night.
With the successful upgrade, investors have liquidity – which has been in higher demand recently.
What impact could this have on Ether price? What could be the potential implications for the tactical investor to consider?
Blake Heimann — Senior Associate, Quantitative Research, WisdomTree answer these questions and gives us more insights on the latest Ethereum evolution implication for investors
in the following article.
|
|
| |
|
| |
Do investors need an index approach for Crypto? What has changed in the last few years to make crypto indexing possible? What are the pitfalls of crypto indexing?
In this article, Benjamin Dean — Director, Digital Assets,Blake Heimann — Senior Associate, Quantitative Research and Pierre Debru — Head of Quantitative Research and Multi Asset Solutions, WisdomTree Europe, cover all these subjects.
Click here to read the full report.
|
| |
BSD Investing & L’Allocataire model portfolio update
|
|
| |
Combining active & passive funds to build optimal portfolios
|
|
| |
Click here to discover the performances of our dynamic portfolio allocation. Our mixed approach between active and passive management on this profile has generated an outperformance of 15% compared to the MSCI ACWI index (world equities) over 1 year (until 30/04/2023), and is up 8% year to date (against 5% for world equities). It is a factual proof that the combination of active and passive strategies is an under-exploited performance driver.
|
|
|
|
| |
|
 |
| |
|
|
| |
LATEST NEWS
Are all cryptoassets currencies? How can we differentiate them?
In the following, we will address the question of crypto universe diversity and perform a deep dive into crypto taxonomy to understand how to differentiate those assets in order to build a classification, similar to GICS (Global Industry Classification Standard), with its own sectors and industries. Based on WisdomTree taxonomy ( access the full WisdomTree white paper), we identified two sectors, infrastructure and applications that are split into 7 different industry groups.
Discover all the details about BSD Investing & L’Allocataire/ WisdomTree crypto asset taxonomy.
|
|
| |
|
|
| |
LATEST NEWS
What crypto asset segments are accessible through existing ETPs?
Using BSD Investing & L’Allocataire/ WisdomTree crypto asset taxonomy, we could deep dive into crypto assets to answer the following questions: Are all crypto asset segments accessible through existing ETP products? What is the weight of each crypto asset sector in investor portfolios? Toward which sectors and industry groups are crypto assets flows going?
Click here to discover all the answers.
|
|
| |
|
|
| |
LATEST NEWS
Crypto, to be or not to be an asset class?
Ahmed Khelifa, cfa, and Marlene Hassine Konqui explore this key topic, based on prominent academic research and market insights, looking at the definition of an asset class, and the set-up of a framework to determine whether an asset can be considered an asset class. They answer the following questions: Do assets within the crypto assets show a similar behavior to market events? Does the asset class add diversification to a portfolio? Do crypto assets have the capacity to absorb a meaningful proportion of an investor’s portfolio? What are the available investable vehicles to a European asset allocator?
All our answers by clicking here.
|
|
| |
|
|
| |
Disclaimer
This website and all of its contents (analysis and research) is published by, and remains the copyright
of, BSD Finances or its licensors. The information contained within is for educational and informational
purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell
funds nor should it be viewed as a communication intended to persuade or incite you to buy or sell
funds. Any commentary provided is the opinion of the author and should not be considered a personalised
recommendation. The information contained within should not be a person’s sole basis for making an
investment decision. Please contact your financial professional before making an investment decision.
Should you undertake any such activity based on information contained on this website, you do so
entirely at your own risk and BSD Finances shall have no liability whatsoever for any loss, damage,
costs or expenses incurred or suffered by you as a result.
Care is taken to ensure that the information provided by BSD Finances is correct but it neither
warrants, represents nor guarantees the contents of the information, nor does it accept any
responsibility for errors, inaccuracies, omissions or any inconsistencies herein.
BSD Finances is a limited liability company registered in France with registered number 852 716 547
00017. Our registered office is at 8 rue de Moscou 75008 Paris. BSD Investing is part of BSD Finances.
|
|
|
