Swiss poke holes in crypto-diversifier theory

Swiss poke holes in crypto-diversifier theory
Crypto-lovers tended to be younger, poorer and less female than stock-standard share-traders on the SwissQuote platform. (Image: Getty)
David Chaplin
You can say what you like about cryptocurrencies and a lot of people do.Meta-money, digital gold, inflation hedge, destination moon ... whatever.But failing all else, crypto (especially as represented by the leading token, bitcoin) is often justified as a diversifier – implying the stuff ought to follow a valuation path uncorrelated with other assets, which should help overall portfolio performance.Bitcoin should, in theory, have diversification benefits for share investors, according to a new study by the Swiss Finance Institute (SFI).&l...

More Opinion

Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025
Why luxury needs a wake-up call
Opinion Fashion

Eden Bradfield: Why luxury needs a wake-up call

The focus should be on selling consumers a lifestyle, not just status symbols. 

Eden Bradfield 01 Jul 2025
Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025