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US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist

Bitcoin.com
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist
bitcoin.com
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says StrategistPacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that the USD “is likely to fall further in 2023 as inflation falls, recession risks decline, and other shocks abate.” PIMCO Strategist Warns About USD Pacific […]
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Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

Multi-Trillion-Dollar Investment Firm Pimco Is Ready To Step Into Crypto, Says CIO

The Daily Hodl
Multi-Trillion-Dollar Investment Firm Pimco Is Ready To Step Into Crypto, Says CIO
Bitcoin

A global management firm handling over $2.2 trillion in assets is ready to embrace crypto. In a new interview with CNBC, Pimco chief information officer Daniel Ivascyn says that even though cryptocurrencies have a good chance of “disrupting” the industry, the company still plans to invest in digital assets. “Now we’re looking at potentially trading […]

The post Multi-Trillion-Dollar Investment Firm Pimco Is Ready To Step Into Crypto, Says CIO appeared first on The Daily Hodl.

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Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

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

Bitcoin.com
.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
Allianz
.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO SaysPimco, 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, financial and non-financial corporations, foundations, and endowments. Pimco Getting Into Crypto Pimco’s chief investment […]
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Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations

Bitcoin.com
Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations
Asset Management
Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict RegulationsA number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect more stringent policy and regulatory controls ahead for crypto as it becomes more mainstream,” said UBS. Asset Managers Caution of Crypto Investing A number of asset managers have expressed caution […]
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Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability

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