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, […] source: https://www.theblock.co/post/382459/brazils-largest-bank-recommends-a-3-bitcoin-portfolio-allocation-real-diversification?utm_source=rss&utm_medium=rss