UK Hedge Fund Eyes Cryptocurrencies On Heels of CME Futures Plan

UK Hedge Fund Eyes Cryptocurrencies On Heels of CME Futures Plan

The CEO of the Man Group, a major U.K.-based hedge fund, is reportedly eyeing an entry into the cryptocurrency space in light of a pending derivatives product launch by CME Group. According to Reuters , CEO Luke Ellis indicated that if the CME proceeds with its plans to list a bitcoin futures contract – possibly as early as next month – the hedge fund that claims more than $100 billion in assets under management could make cryptocurrency as part of its "investment universe." The chief executive was quoted as saying: "It’s not part of our investment universe today – […]

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