Portfolio diversification using cryptocurrencies in Malaysia

The rise of various cryptocurrencies has brought about innovative technologies, which are currently changing the landscape of financial markets. The growing population of investors who are considering cryptocurrencies within their portfolio has brought about the relevance of this asset class in Port...

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Bibliographic Details
Main Author: Zainal Abidin, Azhar
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2023
Online Access:https://eprints.nottingham.ac.uk/71088/
Description
Summary:The rise of various cryptocurrencies has brought about innovative technologies, which are currently changing the landscape of financial markets. The growing population of investors who are considering cryptocurrencies within their portfolio has brought about the relevance of this asset class in Portfolio Management Theory. Despite the growing population, many other investors still remain skeptical due to the nature of cryptocurrencies being unpredictable and highly volatile. This study aims to identify the connectedness of traditional asset classes such as the equity market and commodity market against the cryptocurrency asset class represented by Bitcoin, Ethereum and Ripple XRP. The growing market capitalization of the cryptocurrency asset class further strengthens the importance of the findings.