Though declining to comment on the specific reasons, Reuters said CPPI pointed to comments made earlier this year by CEO John Graham: “You want to really think about what the underlying intrinsic value is of some of these assets and build your portfolio accordingly … So I’d say crypto is something we continue to look at and try to understand, but we just haven’t really invested in it.”
Source: https://www.coindesk.com/business/2022/12/07/canadas-largest-pension-fund-stops-exploring-crypto-investment-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines