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23 June 2021

Asset Managers Could Violate Fiduciary Duty If They Don't Consider Bitcoin, Says Finance Professor – Featured Bitcoin News

Asset Managers Could Violate Fiduciary Duty If They Don't Consider Bitcoin, Says Finance Professor – Featured Bitcoin News


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Asset Managers Could Violate Fiduciary Duty If They Don't Consider Bitcoin, Says Finance Professor – Featured Bitcoin News.

A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth strategy could violate their fiduciary duty if they do not consider bitcoin in their portfolios.

Financial researcher Nik Bhatia said last week that asset managers seeking growth returns on behalf of their clients need to consider bitcoin, the Insider reported.

Bhatia believes that asset managers should at least do their own analysis of whether bitcoin or other cryptocurrencies are right for their clients.

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