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Author Topic: [2016-08-03] news.bitcoin.com-Hedge Fund Expert: Bitfinex Hack Shouldn’t ...  (Read 249 times)
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August 04, 2016, 10:07:31 AM
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Hedge Fund Expert: Bitfinex Hack Shouldn’t Deter Big Investors

Jason Ambrose is the CEO of Singapore-based Vanda Securities, an independent research house that provides tactical macroeconomic and investment strategy analysis to institutional investors and hedge fund managers. Formerly Head of Equity Trading at Ferox Capital LLP, Ambrose was previously an equity trader at Merill Lynch and JP Morgan before serving as a managing director at Morgan Stanley.

After discussing the breach at Bitfinex, when asked whether he would personally trade bitcoin, he answered without hesitation, “Personally, I would.” On the other hand, he added that he would not recommend bitcoin to his institutional clients simply because “we don’t see the interest there yet.” However, he also said that the interest “will come” in the future.

READ MORE >>> https://news.bitcoin.com/bitfinex-hack-bitcoin-investors/

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