US pension firm buys crypto, an asset it 'could not ignore'

The pension fund for Houston's firefighters is dipping its toes into cryptocurrency investing.

BY Danielle Moran, bloomberg

The Houston Firefighters' Relief and Retirement Fund, which has USD 5.5bn in assets, has invested USD 25m in Bitcoin and Ether through NYDIG, a Bitcoin-focused subsidiary of asset manager Stone Ridge.

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US pension firm buys crypto, an asset it 'could not ignore'

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Crypto market "starting to knock on the doors" of big bond funds

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Sign up for our newsletter

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager