South Korea’s Shinhan recommends 2% digital asset portfolio allocation
South Korea’s Shinhan recommends 2% digital asset portfolio allocation
Shinhan Investment Securities has proposed allocating 2% of investment portfolios to digital assets and 8% to alternative assets.The recommendation followed an analysis that found an 8 to 2 split between gold and Bitcoin produced relatively favorable risk adjusted results.Senior researcher Park Woo yeol said stocks and bonds have increasingly moved together, reducing the defensive benefit expected from a traditional 60/40 portfolio.Park said competition between traditional finance and crypto platforms is increasing as digital asset exchanges expand into stocks and ETFs.