Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Algebris' Serra hit with Twitter tirade after Bitcoin bashing

1 Comment
Algebris' Serra hit with Twitter tirade after Bitcoin bashing

Algebris Investments’ founder Davide Serra has provoked swathes of critcism following his tweets about cryptocurrency Bitcoin.

The boutique founder, who managers the Algebris Asset Allocation fund, posted his opinion on the volatile entity last night.

Twitter users promptly rounded on Serra, with many dissenters attacking his logic and one user told him to ‘kiss his business goodbye. Adapt or die’. Click here to see the whole Twitter thread.

What's your view?

Serra is not the first fund manager to speak openly about concerns over the fast-appreciating crypto-currency. Schroders' James Sym last week said it was 'ludicrous', while famed bond manager Jeff Gundlach has also been a vocal opponent.

But, is Bitcoin just a speculative boom? Or should fund managers’ dive in head first? Where do you stand on the trend?

Citywire Selector wants your views, please fill out the poll below and see if your selection counterparts share your view on this ever-changing trend.

Poll will close at 2.30PM CET on December 1.

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Luxembourg Forum

    Citywire Luxembourg Forum

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2017

    Citywire Italy 2017

  • Citywire Berlin 2017

    Citywire Berlin 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Professional Buyer

    Citywire Professional Buyer

  • Citywire Madrid 2017

    Citywire Madrid 2017

  • Citywire Switzerland Retreat 2017

    Citywire Switzerland Retreat 2017

  • Citywire Amsterdam 2017

    Citywire Amsterdam 2017

  • Citywire Frankfurt 2017

    Citywire Frankfurt 2017

  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016