重新思考退休：比特幣在英國退休金計畫中的有趣新角色

卡特賴特是固定福利和混合計畫的退休金專家，週一宣布對英國退休金計畫的投資組合進行開創性的比特幣投資。

A UK pension scheme has allocated 3% of its portfolio to bitcoin, in a first-of-its-kind move in the country.

英國退休金計劃將其投資組合的 3% 分配給了比特幣，這在該國尚屬首次。

The allocation was made in October following a rigorous training and due diligence process, pension specialist firm Cartwright announced Monday.

退休金專業公司 Cartwright 週一宣布，經過嚴格的培訓和盡職調查流程後，該撥款於 10 月做出。

The trustees of the unnamed scheme opted for a 3% bitcoin allocation, considering the scheme’s long-term investment horizon. Bitcoin’s asymmetric return profile allows a small allocation to potentially yield substantial gains, supported by robust risk management at both the scheme and asset levels, Cartwright detailed.

考慮到該計劃的長期投資期限，該未具名計劃的受託人選擇了 3% 的比特幣分配。卡特賴特詳細介紹說，比特幣的不對稱回報狀況允許小額分配可能產生巨大收益，並得到計劃和資產層面穩健風險管理的支持。

“Trustees are increasingly seeking innovative solutions to future-proof their schemes in the face of economic challenges,” said Sam Roberts, Cartwright’s director of investment consulting, regarding the bitcoin allocation.

「面對經濟挑戰，受託人越來越多地尋求創新的解決方案，以確保他們的計劃能夠面向未來，」卡特賴特投資諮詢總監薩姆·羅伯茨(Sam Roberts)在談到比特幣配置時表示。

“This bitcoin allocation is a strategic move that, not only offers diversification, but also taps into an asset class with a unique asymmetric risk-return profile.” He added:

“這種比特幣配置是一項戰略舉措，不僅提供了多元化，而且還利用了具有獨特的不對稱風險回報特徵的資產類別。”他補充說：

Integrating bitcoin into a pension scheme’s investment strategy is a bold step that reflects the forward-thinking nature of the trustees involved. We are proud to have led this ground-breaking move, which we hope will be the start of a trend for institutional investors in the UK to catch up with their increasing number of peers and competitors around the world who are already taking advantage of bitcoin’s unique attributes.

將比特幣納入退休金計畫的投資策略是一個大膽的步驟，反映了相關受託人的前瞻性思維。我們很自豪能夠引領這一突破性舉措，我們希望這將成為英國機構投資者追趕全球越來越多已經利用比特幣獨特優勢的同行和競爭對手的趨勢的開始。

According to Steve Robinson, head of investment implementation at Cartwright, security is a top priority in their approach, ensuring that even risk-averse pension schemes can manage volatility effectively. He explained:

Cartwright 投資實施主管 Steve Robinson 表示，安全是他們方法的首要任務，確保即使是規避風險的退休金計畫也能有效管理波動性。他解釋說：

By combining a highly secure custodial solution with a mechanism to quickly trim profits as they arise, we’ve opened the door for risk-averse pension schemes and other institutional investors to benefit from bitcoin’s potential growth whilst managing volatility within a secure strategic framework.

透過將高度安全的託管解決方案與在利潤產生時快速削減利潤的機制相結合，我們為規避風險的退休金計劃和其他機構投資者打開了大門，讓他們從比特幣的潛在增長中受益，同時在安全的策略框架內管理波動性。

The solution features a low minimum investment threshold, making it accessible to pension schemes of varying sizes, unlike many early-stage investment options, Robinson described. He noted that this approach integrates bitcoin into a traditionally conservative sector, aiming to deliver long-term value to scheme members and reduce dependence on employer contributions through secure custodial practices.

羅賓遜表示，解決方案的最低投資門檻較低，可以參與不同規模的退休金計劃，這與許多早期投資選擇不同。他指出，這種方法將比特幣整合到傳統保守的領域，旨在為計畫成員提供長期價值，並透過安全的託管實踐減少對雇主繳費的依賴。