Goldman Sachs conducted a survey of 25 investment directors of hedge funds and funds holding only long positions.
The least attractive asset at the moment is Bitcoin, Goldman Sachs found out. He held two roundtables, which were attended by 25 investment directors of hedge funds and funds holding only long positions, writes Bitcoin.com . 35% of survey participants named bitcoin as the least attractive asset. The second line of the anti-rating with an indicator of 25% was taken by investments in IPO.
In May, another major American bank, Bank of America, conducted a similar survey, in which it found out that bitcoin is in demand among asset managers. The survey involved 216 top managers with total assets under management in the amount of $ 625 billion.
In early June, Goldman Sachs‘ head of commodities, Jeff Curry, said that cryptocurrencies would not be able to replace gold as an investment vehicle. According to him, they are more like copper, as they are pro-risk assets.
Last month, Goldman Sachs recognized Bitcoin as an asset class, and also reported growing demand for cryptocurrencies among institutional investors and asset managers. Also, the bank was the first among the largest US investment banks to create a department for cryptocurrency trading. The new department has already successfully traded two types of bitcoin-related derivatives.
