Artificial intelligence has emerged as the dominant investment theme for the world’s largest family offices, while cryptocurrencies attract limited interest, according to a new report. The JPMorgan Private Bank survey of 333 single-family offices found 65% prioritize AI investments, while just 17% view crypto as a key theme. Crypto exposure remains minimal, with 89% of offices having no cryptocurrency allocation and the average global allocation at just 0.4%.
A recent survey of 333 single-family offices across 30 countries shows artificial intelligence is the dominant investment theme. Data shows 65% of respondents prioritize AI-related investments either now or in the future.
By contrast, only 17% view crypto and digital assets as a key investment theme. Cryptocurrencies remain largely absent from these portfolios, with 89% of family offices reporting no exposure.
The average global allocation to crypto and digital assets sits at just 0.4%. Exposure to Bitcoin averages an even smaller 0.2% according to the data.
The report stated, “Despite geopolitical fears, family offices avoid gold and crypto.” It added that appetite for traditional and emerging hedges remains limited.
Private equity is the most favored asset class, with 37% of respondents planning to increase allocations. Growth equity and venture capital are also gaining traction as gateways to early-stage AI innovation.
Geopolitics is the top risk for family offices globally, cited by 20% as their main concern. Liquidity and trade policy follow closely behind, each cited by 12% of respondents.
A separate report last year claimed wealthy families in Asia have ramped up crypto exposure, with some targeting about 5% portfolio allocations. Interest reportedly increased across Singapore, Hong Kong and mainland China.
In June, Hong Kong-based multi-family office VMS Group, with $4 billion under management, announced plans to enter crypto. It considered an investment of up to $10 million in Re7 Capital strategies.
