Best funds of 2023 stick with bitcoin, big tech bets (2024)
Some of the best performing funds of 2023 are holding firm on bitcoin and mega-cap tech stock picks that made them big money last year, betting that the surge in prices will broaden out to as-yet untouched areas of the market.
While Regal Partners’ small-cap fund eked out the top spot for Australian equity managers, it was homegrown DigitalX’s bitcoin fund that was the best performer overall, returning just shy of 150 per cent in 2023, according to preliminary data from Morningstar.
2023's winners: DigitalX's Lisa Wade, Jason Orthman from Hyperion, Regal Partner's Todd Guyot, and Cathie Wood
Cathie Wood
Catherine Duddy Wood (born 1955) is an American investor and founder, Chief executive officer (CEO), and Chief investment officer (CIO) of Ark Invest, an investment management firm. Los Angeles, California, U.S.
of ARK Investment. DigitalX's broader digital asset fund also took the third spot behind fellow crypto-asset manager ListedReserve and just ahead of Sydney-based crypto trading house DACM's fund.
Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. Services inflation is holding up progress on disinflation, which is complicating monetary policy normalization.
Introduction: My name is Msgr. Refugio Daniel, I am a fine, precious, encouraging, calm, glamorous, vivacious, friendly person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
