Cartwright Pension Trusts is experiencing growing demand from clients following its role in helping a UK pension fund allocate 3% of its portfolio to Bitcoin in late 2024. This allocation reportedly generated a 60% return within less than a year.
To promote understanding among institutional investors, Cartwright has introduced its first “Annual Bitcoin Review.” The report aims to educate pension funds and other entities about Bitcoin’s potential.
Arash Nasri, senior investment consultant at Cartwright, noted that industry feedback has been “surprisingly positive,” despite skepticism from some critics concerned about Bitcoin’s price volatility. He emphasized the importance of informed, gradual investment with a long-term perspective.
Nasri said that if Bitcoin maintains its performance, the pension fund will consider reducing rather than increasing its exposure. Discussions are underway with other clients interested in similar allocations.
Cartwright acts as an independent advisor with no direct financial interest in Bitcoin investments. Nasri stressed their commitment to raising awareness about Bitcoin’s potential impact on individual and institutional portfolios, companies, and governments.
Beyond pension schemes, interest is also coming from corporations exploring Bitcoin for cross-border transactions and reserve assets, as well as charities viewing it as a new donation source. However, Nasri cautioned that Bitcoin is not suitable for investors with short-term horizons.
He highlighted that many defined benefit and defined contribution pension schemes, alongside companies and charities, should seriously consider integrating Bitcoin into their portfolios.