Author: Larisa Yarovaya, Director of the Centre for Digital Finance, Associate Professor in Finance, University of Southampton

Pension funds are investment pools that manage people’s retirement savings. They aim to encourage long-term saving and provide financial security to retirees. But some pension funds in the US, UK and elsewhere have recently begun investing in cryptocurrencies, an asset class renowned for its volatility. In the US, for example, bitcoin derivatives such as exchange-traded […]