In Bartolini’s view, “cryptos have no role to play in investment portfolios.” Ironically, Bartolini is a Fund Manager and a Managing Director at State Street Global Advisors. Besides, he doubles up as the Head of SPDR Americas Research.
However, it’s likely he may not have interacted with virtual currencies. Consequently, this assumed lack of knowledge or awareness of the role of cryptocurrencies in modern day finance plus a barrage of FUD fuel his skepticism that Bitcoin ,for example, is not the best choice when expanding an investment portfolio.
Encouragingly, and in recent times, fund managers and economists have been encouraging the inclusion of Bitcoin and altcoins in investment portfolios.
With a BS in Economics from Northeastern University and an MBA in Investment Analytics and Corporate Finance, Mathew Bartolini opines that Bitcoin and other cryptocurrencies have no place in investment portfolios.