Canaccord Wealth launches crypto exposure offering to high-net-worth clients

The firm said today (29 April) the exposure is only available to its highest risk profile portfolios because of the volatility of cryptocurrency as an asset class and it will be limited by each risk profile's risk budget. With "firm guardrails in place to limit exposure," a Canaccord Wealth spokesperson told Investment Week the proposition is limited to risk profile seven portfolios and above. Exposure limits are aligned with those for other alternative assets within these portfolios, they added. Available for general investment accounts and ISAs, the capability allows eligible client...