Artificial intelligence has emerged as the leading investment theme for large family offices, while cryptocurrencies continue to see limited adoption, according to JPMorgan Private Bank’s 2026 Global Family Office Report. The survey of 333 single-family offices across 30 countries found that 65% prioritize AI-related investments, compared with just 17% citing crypto and digital assets as a key theme.
The report shows that 89% of family offices have no crypto exposure, with average allocations to digital assets at 0.4% globally. Bitcoin exposure is even lower, averaging 0.2%. JPMorgan noted that alternative hedges such as gold also remain underrepresented, despite elevated geopolitical and macroeconomic uncertainty.
Private equity remains the most favored asset class, with 37% of respondents planning to increase allocations over the next 12 to 18 months. Growth equity and venture capital are also gaining attention as indirect avenues for AI exposure, while risk concerns center on geopolitics, liquidity, and trade policy.
