A study by Natixis Investment Managers found that two-thirds of American investment professionals believe that private investors do not need cryptocurrencies.
The survey involved investment professionals from 141 US companies with a total of $2.7 billion under management, according to CNBC. Managers include private banks, financial advisors, brokers and other institutional investors. This attitude towards investing in cryptocurrencies on the part of specialists is caused by concerns about transparency and the prospects for regulating digital assets.
At the same time, 40% of respondents admitted that interest in cryptocurrencies from the clients of their companies is constantly growing, especially among young investors. 87% of respondents emphasized that the cryptocurrency industry needs to be more transparent. 84% of respondents believe that the industry needs regulatory oversight. About 70% of respondents noted the need for better training in working with digital assets and cryptocurrencies.
“I think it is difficult to recommend investments in such assets when you are in charge of asset management. I think this is where the indecisiveness of managers stems from,” said Dave Goodsell, CEO of the Natixis Center for Investor Insight.
It should be noted that sentiments among Russian officials are similar – the Ministry of Finance of the Russian Federation has proposed limiting investments in digital assets to 50,000 rubles for unqualified investors.
Source: Bits
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