Family Offices Favour Artificial Intelligence Over Cryptocurrencies

Source Domain: forklog.com

According to a JPMorgan report, the world’s largest family offices have focused their investments on artificial intelligence (AI), sidelining cryptocurrencies.
Sixty-five percent of surveyed family offices regard AI technologies as a priority investment area.
Only 17% of the offices, specifically 56 of them, consider digital assets to be a key topic.
Eighty-nine percent of family offices have no exposure to cryptocurrencies in their portfolios, with an average share of 0.4% across global capital allocation.
Seventy-two percent of respondents report having no investments in gold, indicating a low appetite for safe-haven assets.
Private equity leads planned investments with 37% of offices intending to increase their share in this sector in the next 12-18 months.
Twenty percent of respondents identified geopolitics as the main risk for their portfolios, followed by liquidity issues and trade policy, each cited by 12%.
Earlier in January, JPMorgan forecasted an increase in major investments into the cryptocurrency industry.

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