Advisers face crypto clamour from clients

Mark Battersby
clock • 2 min read

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...

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