Quinnipiac University’s GAME XI Virtual Forum Panels Focus on Commodities and Blockchain
HAMDEN, Conn., March 28, 2022 /PRNewswire/ — The “Global Asset Allocation: Case for Commodities” panel on the second day of Quinnipiac University The 11th Global Asset Management Education Forum (GAME) examined the topic in a war-torn world determined to decarbonize the economy by 2050.
“Commodities are the building blocks of the real economy,” said Fiona Boel, Head of Commodities and Real Assets at S&P Dow Jones Indices. “They’re not looking to the future, but responding to current supply and demand.” Russiashe said, has traditionally been a kind of “commodity supermarket” for Europe with exports of oil, wheat, metals and fertilizers, which explains a potential economic impact of the Ukraine conflict.
Gregory Broussard, managing director of Cargill Risk Management, said commodities have grown as an investable asset class along with emerging markets. “There is an investment in the raw material itself or in the capital of a company that produces raw materials,” he said.
Later today, on the “DeFi: Blockchain, Cryptocurrencies and NFT” panel, Jeanine Hightower-SellittoCEO of Atomyze, said blockchains are also being used for commodities, including cobalt, a metal in electric vehicle batteries that “is not found in traditional markets today.”
Panelists touched on the volatility of cryptocurrencies, especially in Dogecoin and Ethereum. “This kind of volatility is not unusual for emerging technologies,” said Jim Blanco, president of Bianco Research. “There’s explosive growth, and then the scammers come in. It’s nothing new.”
David Duon, head of institutional research at Coinbase, said many institutional investors don’t need as much education on cryptocurrencies and blockchains as one might think. “It’s quite an innovative space for institutionals, with volumes growing 10x over the last year,” he said.
The consensus was that NFTs are here to stay. “Space is really hot now,” Hightower-Sellitto said.
The GAME virtual conference attracted over 1,300 attendees from over 120 universities. There were also 16 panels, 71 speakers and 41 companies represented.
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