London-based investment firm Ruffer is allocating a small but significant percentage of its asset portfolio to Bitcoin as a defense against currency devaluation. The company, which manages about $27 billion in assets for individuals, families, pension funds, and charities, has set aside 2.5% of its multi-strategies fund, or roughly $15 million dollars, to invest in […]The post $27 Billion Asset Management Firm Buying Bitcoin, Calls BTC ‘Potent Insurance Policy’ appeared first on The Daily Hodl.
