Neuberger Berman, a private, independent investment management company, has applied to the US Securities and Exchange Commission (SEC) for the launch of a commodities-focused fund. The reason for the initiative is the firm’s desire to gain access to investments in digital assets.
According to Beincrypto, Neuberger Berman intends to use cryptocurrencies and their derivatives as a hedge against inflation. Moreover, the company believes that the price movements of digital assets will not only help them diversify their portfolio, but could also become an additional source of income for the firm.
Some time ago, in March this year, Neuberger Berman already shared its attitude towards crypto assets with the world. The company believes that the “Bitcoin phenomenon” deserves close attention, and that holders who are exposed to risk should understand the speculative nature of their investments and, even despite potential windfall gains, remain prepared to part with a significant portion of their cryptocurrency investment.
At this stage, Neuberger Berman has filed a Form D with the SEC, the essence of which is a statement of the financial institution’s intention to hedge the risks associated with the volatility of cryptocurrencies. The fund is yet to conduct an asset sale. Any outside investor willing to contribute at least $5 million (~£3.6 million) will be able to participate in the round.
Neuberger Berman is interested in the possibility of using crypto assets for its further operations. The company intends to receive investments and make additional profit through the ownership of cryptocurrencies and, in particular, Bitcoin.
Ingénieur de formation, et spécialisé dans les nouvelles technologies, je me suis toujours intéressé à la blockchain et aux cryptomonnaies. Je suis heureux de faire partie de l'équipe CoinTribune.
Les propos et opinions exprimés dans cet article n'engagent que leur auteur, et ne doivent pas être considérés comme des conseils en investissement. Effectuez vos propres recherches avant toute décision d'investissement.
|BITCOIN (BTCUSD) ₿||$61,460.30||-0.32%|
|ETHEREUM (ETHUSD) Ξ||$3,840.17||-0.74%|
|IMM. US (REIT)||$2,666.33||-0.01%|
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