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Like diversifying amongst growth assets, diversification of defensive strategies provides more robust portfolio outcomes. Fundlab’s Michael Armitage highlights recent performance in various defensive alternatives.
Bitcoin is back. The first digital currency, introduced back in 2009, has once again gone on a mammoth bull run and reignited debate over its value. The price of Bitcoin hit all-time highs in 2020 reaching A$50,177, ending the year by doubling in less than a month. Its price is up by more than 330%…
Like most assets, bitcoin cruised into the new year in 2020, racking up a 44% rise until mid-February. Then, like the stock market, BTC took fright at the extent of the global disaster that Covid-19 rapidly proved to become. But while the S&P 500 index plunged by 33.7% before a floor was (at least temporarily)…