Survey says nearly half of alternative investors perceive cryptocurrencies as an asset bubble; most prioritise investing in innovation

February 26, 2019, 2:00PM EDT

A recent survey conducted among attendees of the Cayman Alternative Investment Summit has examined the trends which drive the world of alternative investments, according to a press release. This year's conference centered around the themes of "Tech-Tonic Shift: Innovation in Alternative Investments."

The results from approximately 100 participants have shown a strong focus on investing in innovation—two-thirds of the respondents have marked it as a top CEO priority. When it came to pinpointing the technological shifts most likely to influence the global market, 45 per cent have selected automation and machine learning while 38 per cent pointed towards blockchain.

“This year’s survey results demonstrate that the alternatives industry has finally reached a tipping point, recognizing the undeniable impact of technology on the future of global markets,” said Chris Duggan, Director of CAIS.

The survey has also revealed a trend in the perception of cryptocurrencies among investors: 45 per cent of respondents have shared that they see them as the asset class most resembling an asset bubble. By comparison, only one in five has said they think of U.S. equities in a similar way.

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