Digital assets use highest by Asian institutional investors

Asian institutional investors are more likely to have a current allocation to digital assets in their portfolio than their European or US peers, according to a recent research paper. Fidelity Digital Assets (FDA), an arm of the US-based fund manager, says that 71% of Asian institutional investors now hold digital assets in their portfolios versus 56% of their European and 33% of US counterparts. FDA's 2021 Institutional Investor Digital Assets Study said that despite this disparity the overall trajectory was similarly upward in all three regions, with a greater proportion of managers using digital assets than in 2020. COVID has…