AIRLINK 67.70 Increased By ▲ 2.50 (3.83%)
BOP 5.45 Decreased By ▼ -0.12 (-2.15%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 70.49 Increased By ▲ 0.53 (0.76%)
FCCL 20.20 Decreased By ▼ -0.10 (-0.49%)
FFBL 30.87 Increased By ▲ 1.76 (6.05%)
FFL 9.79 Decreased By ▼ -0.04 (-0.41%)
GGL 9.99 Decreased By ▼ -0.02 (-0.2%)
HBL 114.35 Increased By ▲ 0.10 (0.09%)
HUBC 130.70 Increased By ▲ 1.60 (1.24%)
HUMNL 6.72 Increased By ▲ 0.01 (0.15%)
KEL 4.40 Decreased By ▼ -0.04 (-0.9%)
KOSM 4.83 Decreased By ▼ -0.06 (-1.23%)
MLCF 36.61 Decreased By ▼ -0.39 (-1.05%)
OGDC 134.10 Increased By ▲ 1.80 (1.36%)
PAEL 22.44 Decreased By ▼ -0.10 (-0.44%)
PIAA 25.58 Decreased By ▼ -0.31 (-1.2%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.59 Increased By ▲ 0.74 (0.66%)
PRL 29.62 Increased By ▲ 0.21 (0.71%)
PTC 14.83 Decreased By ▼ -0.41 (-2.69%)
SEARL 57.66 Increased By ▲ 0.63 (1.1%)
SNGP 66.40 Decreased By ▼ -0.05 (-0.08%)
SSGC 11.00 Increased By ▲ 0.02 (0.18%)
TELE 8.80 No Change ▼ 0.00 (0%)
TPLP 11.65 Decreased By ▼ -0.05 (-0.43%)
TRG 68.50 Decreased By ▼ -0.12 (-0.17%)
UNITY 23.50 Increased By ▲ 0.10 (0.43%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,369 Increased By 73.6 (1.01%)
BR30 24,062 Increased By 208 (0.87%)
KSE100 70,762 Increased By 471.6 (0.67%)
KSE30 23,313 Increased By 141.7 (0.61%)
Business & Finance

UK fund firm Ruffer piles $675 million into bitcoin in 'defensive move'

  • UK fund manager Ruffer Investment Management has shifted around $675 million of its clients’ fortunes into bitcoin, an investor memo seen by Reuters shows.
Published December 16, 2020

LONDON: UK fund manager Ruffer Investment Management has shifted around $675 million of its clients’ fortunes into bitcoin, an investor memo seen by Reuters shows, in one of the largest signals of rising institutional interest in the digital currency this year.

Comments

Comments are closed.