Family offices remain cautious toward both crypto and gold despite persistent geopolitical uncertainty, according to a new survey from J.P. Morgan Private Bank.
The report claims that portfolios are still heavily concentrated in traditional assets leaving crypto exposure extremely limited.
“On average, approximately 75% of assets are allocated to a combination of public equities and alternatives investments, with U.S. large-cap equities dominating public holdings and drawdown funds leading privates. Also revealing are the areas where many offices are not investing (Exhibit 4). Despite the headlines and hype around crypto and other digital assets, the vast majority of family offices (89%) remain on the sidelines.”
The bank added that this hesitation reflects an unresolved debate within the industry itself.
“This could reflect a debate that we
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