•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Hostplus is considering giving members access to Bitcoin and other digital assets through its Choiceplus investment option, Chief Investment Officer Sam Sicilia said in an interview published by Bloomberg. The potential change would represent a rare opening to crypto from one of Australia’s largest pension funds.
Hostplus manages more than A$150 billion (about $105 billion) and is evaluating whether to add crypto exposure within the member-directed Choiceplus structure, which allows individuals to self-manage part of their retirement portfolio. Bloomberg reported that roughly 1% of the fund’s total assets are currently invested through Choiceplus, indicating that any rollout would begin through a relatively limited channel rather than across the pension base as a whole.
The next key question is whether Hostplus moves from evaluation to launch and, if so, how broadly crypto access would be offered. For now, the proposal indicates that any initial step into digital assets would be positioned as an optional, self-directed feature rather than a fund-wide allocation.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
