Brazil’s largest bank recommends a 3% Bitcoin portfolio allocation: ‘real diversification’
A partner at the investment arm of Itaú Unibanco, the largest private bank in Latin America, is urging investors to allocate a portion of their portfolios to bitcoin as a “dual opportunity” for asset diversification and currency protection. In a recent research note, Renato Eid, Itaú Asset Management’s head of beta strategies and responsible investment,...
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