Advisers face crypto clamour from clients

Three quarters of advisers say their clients have asked them about investing in cryptocurrency, according to AJ Bell's latest survey of 311 advisers on 27 July 2021. Over a third (36%) advisers said their clients held cryptoassets, yet only 4% said they would consider advising clients to invest in cryptocurrency directly. But 26% would consider recommending investment in a multi-asset fund that had some crypto exposure, in contrast to the 43% who hold gold as part of a balanced asset allocation. Laith Khalaf, financial analyst at AJ Bell, said: "Advisory clients aren't immune to th...