Should Wealth Managers Embrace Digital Assets?

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2020 was the year Crypto went Institutional and with some of the large institutions investing into Crypto including Private Banks, Asset Managers and wealth managers, we will discuss the fundamental drivers behind this market to help wealth managers understand the role of digital assets in portfolio construction. We will examine where this market is going, what are the opportunities and associated risks.

Questions covered:
– Define our terms: How best to understand what Bitcoin is?
– Why does the market exist, what’s driving it and how?
– Why wealth management clients should consider digital assets and how can they be part of portfolios?
– What challenges exist for private bankers and wealth managers in handling this business, such as around custody, settlement, regulatory controls?

Webinar Objectives:
– To clearly define and explain Crypto Assets and achieve a clear understanding of this asset class
– Discuss the benefits it can give a client portfolio, while assessing the risks and trying to reduce these
– Offer a discussion forum for questions related to this asset class

This webinar is held on 9th March 2021, organised by WealthBriefing and Nickel Digital. Speakers include Anatoly Crachilov, Founding Partner & CEO, Nickel Digital; Anndy Lian, Intergovernmental Blockchain Advisor; and Evrard Bordier, CEO and Managing Partner Bordier & Cie, Singapore.

"Bitcoin’s set cap makes it more reliable than other scarce assets. It will eventually function as a store of value and as a means of payment, even though that might not be the case today.

At this point, the inherent deflationary nature of Bitcoin leads to hoarding and speculation, driving price volatility. But once Bitcoin has finished accumulating value, when it has become a large and liquid asset, it will be much more stable than it is today. This trend is already visible." Anndy Lian commented during the event.

Crypto Assets are a relatively new asset class very different from traditional asset classes but one that can add real value as an uncorrelated source of returns. Nickel Digital has just recently finished an analysis reflecting an impact of 1%-3% allocation to Bitcoin within a standard 60% equity / 40% fixed income portfolio. The findings (over a statistically significant 8-year period) indicate that such a controlled allocation not only boosts performance of the underlying portfolio, but also improves Sharpe ratio, thus resulting in a more efficient portfolio construction.

Speakers:

Anatoly Crachilov
Founding Partner & CEO, Nickel Digital
Anatoly is an investment professional with 25 years of experience in investment management and private equity. Prior to co-founding Nickel Digital in 2019, Anatoly was for seven years with investment management divisions of Goldman Sachs and JPMorgan dealing with asset allocation and portfolio construction.

Anndy Lian
Intergovernmental Blockchain Advisor
Anndy Lian is an all-rounded business strategist with more than 15 years of experience in Asia. He has provided advisory across a variety of industries for local, international & public listed companies. Anndy played a pivotal role in not-for-profit and quasi government linked organizations. An avid supporter for incubating start-ups, Anndy has investments in a few health-related companies. He believes that what he is doing for blockchain technology currently will revolutionise and redefine traditional businesses.

Evrard Bordier
CEO and Managing Partner Bordier & Cie, Singapore
Evrard Bordier is chief executive officer of Bordier & Cie, Singapore. In addition, he serves as managing partner of Bordier & Cie Group since 2011, and is president of the board of Bordier Bank (TCI) since 2000. Prior to his current role in Singapore, he was managing director of Bordier International in London for 10 years.