This year, funds invested in cryptocurrencies yielded far more than "traditional" investment funds.
Some non-listed hedge funds invested in cryptocurrencies would have recorded an average return of 1,522% this year - versus 7.2% for funds invested in traditional assets.
Kenneth J. Heinz "Investor interest in these funds, which offer exposure to blockchain technologies and cryptocurrencies, has risen sharply in recent months. At the same time, these innovations continue to democratize and offer attractive opportunities for investors, portfolio managers, traders, but also for all market participants, "said Kenneth J. Heinz, President of Hedge Fund Research.
He still wanted to remind the risks associated with these assets:
"While recent performance has been exciting, trading and investing in these ever-changing industries requires specific expertise. They also imply volatility and substantial risks "
Due to the growing interest of investment funds for digital currencies, Hedge Fund Research has developed two new indices that track the performance of funds specializing in cryptocurrencies and blockchain technology.
Thus, as reported by the company, the HFR Blockchain Composite Index and the HFR Cryptocurrency Index are the first family of indices developed to measure the performance of investment funds operating in this sector.
Here are the performances of these indices as they appeared during the writing of this article:
Hedge Fund Research also indicated that cryptocurrency markets have been able to provide increased liquidity and stability in 2017.
For beyond the returns provided by digital assets, these investment funds are undoubtedly also attracted by the growing liquidity of these markets, which can be inferred from the sharp increase in volumes traded since the beginning of the year:
It is now very difficult to know exactly how many investment funds were created around cryptocurrencies in 2017 - some observers estimate that more than 120 have been launched this year.
These "crypto-funds" would manage the equivalent of $ 2.3 billion of assets - which remains very low compared to outstandings managed by "traditional" investment funds.
For its part, Bitwise also offers an index designed to monitor the performance of these markets.
This is the HOLD 10 index, which consists of buying the top 10 crypto-currencies, making adjustments throughout the year.
With an annual management fee of 2.5%, this index has also managed, since the beginning of the year, to offer a higher return than that of Bitcoin:
Here is the way he was composing when writing this article:
