In recent years, cryptoassets’ attractiveness as an alternative investment class has expanded to captivate a broad spectrum of investors. While traditional investments remain dominant within the financial market, 2020 has seen major advances towards the adoption of cryptoassets as a mainstream asset class. As Bitcoin’s recent surge in performance indicates, the midweek announcement that PayPal will now be offering crypto services is a huge step towards widespread adoption of cryptocurrencies.
While the first quarter of 2020 was tumultuous for the entire global market, the recovery seen over the second and third quarters, despite the continued impact of the pandemic, would certainly have been any investor’s optimistic outcome. Despite markets closing out the quarter under pressure, Invictus Capital has shown in their quarterly report an average quarterly return of 5.4% in US dollar terms (29.5% annualized) across their seven funds, with a strong medium- and long-term outlook.
As Invictus Capital has set up several new funds in recent quarters (and with subsequent funds in the pipeline), their quarterly reports have now been condensed into one single document. This report provides a detailed insight into their overall performance, detailed analysis of traditional, as well as crypto markets, and Invictus Capital’s financial outlook.Standout performer
While the company’s funds each showed strong performance over the quarter, the standout performer was Crypto20 (C20) – up 30.4%. C20 is the world’s first tokenized crypto index fund, which ...