Jefferies’ Global Head of Equity Strategy Reducing Gold Exposure in Favor of Bitcoin: Author – CFR

Reported By: CryptoFundReport.com

CryptoGlobe – Christopher Wood, Global Head of Equity Strategy at financial services company Jefferies, has recently reduced the gold exposure in his “long-only global portfolio for US dollar-denominated pension funds” in favor of Bitcoin.  “The 50 per cent weight in physical gold bullion in the portfolio will be reduced for the first time in several years by five percentage points with the money invested in Bitcoin. 

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