AFP Protección, considered one of Colombia’s largest personal pension and severance fund managers, plans to introduce a brand new funding fund with Bitcoin
$87,864.88
publicity.
The corporate’s president, Juan David Correa, confirmed this plan in an interview with Valora Analitik. He mentioned the fund will solely be out there to chose purchasers by means of a personalised session course of.
This course of will assist decide every individual’s danger degree and determine whether or not they qualify to take a position a small a part of their portfolio in Bitcoin.
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Correa mentioned, “Crucial aspect is diversification. Those that can take part will discover a area for a share of their portfolio, in the event that they so want, to be uncovered to such a asset”.
Protección defined that the Bitcoin-related fund won’t change how most Colombian pension cash is managed. Conventional investments, akin to bonds, shares, and different widespread belongings, will proceed to make up nearly all of pension portfolios.
The brand new fund is meant to function an extra possibility for certified purchasers looking for to broaden their funding combine.
Based in 1991, AFP Protección manages over 220 trillion Colombian pesos (round $55 billion) for greater than 8.5 million purchasers. The corporate handles each necessary and voluntary pension accounts, in addition to severance financial savings.
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