Brevan Howard Asset Management Targets “Disproportionate Returns” from Digital Assets

Brevan Howard Asset Management, a hedge fund firm, is setting its sights on “disproportionate returns” from digital assets, citing the potential for a boom similar to that seen in the internet over the past two decades. Gautam Sharma, CEO of the firm’s digital investment unit, believes that blockchain and cryptocurrency are transformational technologies that have yet to reach their full potential.

During the FERI hedge funds conference in Germany, Sharma expressed his confidence in the disruptive nature of digital assets, stating, “We truly believe that this is a very disruptive technology and it can unlock value in many ways. And we are here to enable our institutional investors to find ways to get access to this space.”

Brevan Howard has already allocated a portion of its flagship hedge fund’s capital to digital assets. Additionally, co-founder Alan Howard has personally invested in cryptocurrencies and companies involved in the digital assets sector.

While the digital assets sector still faces numerous challenges, Brevan Howard is actively seeking opportunities. With their expertise in the financial industry, the firm aims to provide institutional investors with access to this emerging asset class. This move aligns with their belief in the long-term value and potential returns that digital assets can offer.

As the industry continues to evolve and mature, Brevan Howard has positioned itself to capitalize on the growth of digital assets. By strategically investing in this space, the firm seeks to generate significant profits for its investors.

Definitions:
– Digital assets: Assets that exist in digital form, such as cryptocurrencies, tokens, and virtual goods.
– Blockchain: A decentralized and transparent digital ledger that records transactions across multiple computers.
– Cryptocurrency: A digital or virtual form of currency that uses cryptography for security and operates independently of a central bank.

Sources:
– Bloomberg