tl;dr
A survey by Nomura and its digital asset subsidiary found that over half of Japanese investment managers plan to invest in digital assets in the next three years. 54% of respondents intended to invest in crypto, with 25% having a positive impression of digital assets. The preferred allocation to dig...
A recent survey conducted by Nomura and its digital asset subsidiary revealed that 54% of Japanese investment managers are planning to invest in digital assets within the next three years. This indicates a growing interest in cryptocurrencies within the traditional financial sector.
Furthermore, the survey found that a quarter of the respondents have a positive impression of digital assets, signaling a shift in perception towards this emerging asset class.
When considering allocation, investors expressed a preference for dedicating between 2%-5% of their assets under management to digital assets. Additionally, 62% of those surveyed viewed crypto as a diversification opportunity, highlighting its potential as a means to spread investment risk.
The study also revealed that nearly 80% of the respondents expressed willingness to invest over a year, indicating a long-term outlook on digital asset investment. Notably, the development of new products such as ETFs, investment trusts, and staking and lending offerings is expected to further boost investment in the digital asset space.
However, the survey identified several barriers to entry, including counterparty risk, high volatility, and regulatory requirements, which may pose challenges for investment managers looking to enter the digital asset market.
The survey encompassed insights from 547 Japanese investment managers, including institutional investors, family offices, and public-service corporations, providing a comprehensive overview of the evolving sentiments towards digital assets within the Japanese financial landscape.
More about Nomura Holdings Inc ADR
Nomura Holdings Inc ADR Summary
Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and government agencies worldwide. The company is headquartered in Tokyo, Japan.
Sector: FINANCE
Industry: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
Market Cap: 166.68 Billion
P/E Ratio: 17
Dividend Yield: None
Beta: 0.33
EPS: 517.71
ROI: 0.106
Volume: 1,561,999,966
50-Day Moving Average: 6.84
200-Day Moving Average: 6.75
Relative Strength Index (RSI): 0.383