#072: Crypto and Cray: How an institution invests in cryptocurrency - Henrik Andersson

By Jordan Michaelides
June 27, 2018

Henrik 1

Listen via Apple Podcasts or Stitcher

Henrik Andersson CFA ( @phenrikand ) is the CIO of Apollo Capital Management - an active fund manager of crypto assets across currencies, ICOs, arbitrage and event-driven trades. Henrik has over 17 years experience in global financial markets, with almost a decade on Wall Street. Henrik holds a Master of Science in Engineering Physics from the Royal Institute of Technology and a Master of Science in Business Administration and Economics from Stockholm University.

The financial services industry doesn’t stand as high and mighty as it once was. Like an old dilapidated building, it tries to keep out the weather of scandal after scandal. But distrust and frustration continues to grow as we start to rip off the band-aid from the GFC globally. There are crypto junkies who believe that the evolution of cryptocurrency will be as dramatic as the planes hitting the Twin Towers, and that the financial world will be split into pre and post-crypto.

For those who want a less radical and more rational approach, then seeking the opinion of institutional investors like Henrik - who are able to wade through the backwaters of crypto hysteria - are incredibly valuable.

Henrik is in my opinion, one of the wiser owls in this space. His Swedish background and incessant focus on learning, brings a level-headed approach that’s required for the industry to mature - while providing us with the opportunity to understand what these assets actually are, and how to value them.

Key topics we covered:

  • Kraftskiva, Sweden, and crayfish

  • Handelsbanken and the influence of the Swedish financial system

  • The crypto space in Australia

  • Regulation & scams

  • Marketing crypto services

  • The future of the financial services industry

  • Private and public blockchains

  • Index investing in the crypto market

  • Crypto tools, onchainfx.com

  • Bitcoin & blockchain

  • The value in crypto assets, decentralising

  • Strategies for evaluating & analysing crypto assets

  • Downside of cryptocurrencies

  • What part of the crypto world isn’t changing

Enjoy the episode!



SHOW NOTES

01:00 - Introduction

04:32 - Kraftskiva, Sweden, and crayfish

08:14 - Education & early interests in finance

10:35 - Working in Singapore and New York

13:07 - Handelsbanken and banking institutions

15:37 - The crypto space in Australia

18:52 - ICOs, regulation and marketing in crypto

23:31 - The influence of the Swedish financial system

25:46 - The future of the financial services industry

27:39 - Private and public blockchains

31:26 - Index investing in the crypto market

35:05 - Likelihood of top 5 coins lasting

37:49 - Crypto tools, onchainfx.com

39:33 - Bitconnect

42:58 - Bitcoin & blockchain

44:47 - The value in crypto assets, decentralising

49:31 - Evaluating crypto assets

54:51 - Their strategy when analysing crypto assets

56:09 - Naval Ravikant

58:09 - Downside of cryptocurrencies

59:01 - Leaders in crypto that he respects

01:01:05 - Crypto resources

01:03:13 - What part of the crypto world isn’t changing?

01:04:39 - Daily routine

01:06:13 - Finding middle-ground

01:07:40 - A book he would gift someone


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