Morgan Creek co-founder: Advises pension funds to allocate 1-5% of their portfolios to Bitcoin

BlockBeats, Morgan Creek Digital co-founder Anthony Pompliano suggested in a recent letter to investors to further increase the percentage of Bitcoin in pension fund portfolios.

In his letter to investors, Pompliano said pension funds like CalPERS, the state pension fund, would do well investing in Bitcoin, far better than increasing their illiquid asset allocations. "It's easy to see why: increasing the allocation of bitcoin will increase the risk-adjusted returns of public pension funds," Pompliano said. He recommends that pension funds allocate 1-5% of their portfolios to Bitcoin.

Morgan Creek has long pushed for more pension funds to hold at least 1% of their portfolios in Bitcoin.

The original address: https://pomp.substack.com/p/public-pensions-are-about-to-make

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