With Cryptocurrencies displaying tremendous performance last year, it is just a matter of time before clients start asking for your informed view on these potential investment opportunities. We provide pertinent background on the rise of Cryptoassets, share the main findings from a recent publication on Cryptoassets by the CFA Institute and suggest a model answer to the dreaded question: “Mr/Mrs Advisor, what’s your view on Cryptoassets?”
With new headlines inundating our news feeds every day it is easy for us as investors to lose sight of just how far we have come this year and how much positive economic progress has been made. Indeed, one need not look much further than our own equity market (up 36.0% over 12 months to the end of October 2021) to gauge the degree to which we have been benefactors of this positive growth. Likewise global markets, as measured by the MSCI All Countries World Index, are up 21.6% in dollar terms over the last year to the end of October.