Lonsec partners with Monochrome on crypto

Monochrome Asset Management lonsec

9 February 2022
| By Laura Dew |
expand image

A growing interest among advisers in cryptocurrency has led Lonsec to partner with Monochrome Asset Management.

The firm said a recent webinar held by the firms on the topic was attended by over 700 advisers, indicating the interest among advisers and clients and issued a rating to its first crypto-related fund, BetaShares Crypto Innovators ETF.

Common questions included how to access the asset, how to keep it safe and how to integrate it into clients’ existing portfolios. The webinar also covered regulatory considerations when discussing cryptocurrency with clients.

Lukasz de Pourbaix, chief investment officer of Lonsec Investment Solutions, said: “Crypto assets is increasingly becoming one of the most commonly raised topics we get from advisers. We understand that there is a great need for education around the asset class and how advisers can utilise then in their client’s portfolios”.

Monochrome head of distribution, Craig Hobart, added: “We recently surveyed financial advisers and found that 77% had received queries about crypto assets investments from their clients yet only 11% felt equipped to answer these queries.

“By partnering with Lonsec, we were able to reach a wide audience of advisers and help them access information to enable them to better advise their clients on crypto assets”

Read more about:



Recommended for you



sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry


Dear CEO and board, It's time to start some VERY HEAVY LOBBYING on behalf of advisers which could save your platform re...

9 hours ago

He is every thing ASIC said he was BUT How on earth did he expect to get away with it????? . these guy's who dip in...

11 hours ago
Chris Cornish

A tad optimistic from Morningstar. Adviser numbers are somewhat irrelevant; it all comes down to the platform and whethe...

12 hours ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

1 week 1 day ago

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

2 weeks 2 days ago

Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend....

2 weeks 3 days ago