According to PANews, Northern Trust recently shared the results of a survey conducted in London involving 100 investment professionals. The survey revealed that 34% of respondents have already invested in digital assets or plan to do so soon.
The survey highlighted that two-thirds of the participants believe private assets will benefit the most from digital investments. Following closely, commodities and real estate were identified by 53% of respondents as promising sectors, while 36% pointed to money market funds as potential beneficiaries. Pete Cherecwich, the newly appointed Chief Operating Officer of Northern Trust, commented on the findings, stating, 'These results underscore the dual nature of opportunities and challenges as our clients navigate the integration of emerging digital assets and advanced technologies to meet their data needs.'