Wealthy investors weather the inflation storms [FT.com - Mergermarket]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: FT.com - Mergermarket
David OakleyJump to comments sectionUnlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Inflationary shocks have reverberated around the globe over the past three years — but the world’s wealthy have largely weathered them, say private bankers and investment managers.Despite a sustained period of higher outgoings — with headline annual inflation still at 3.5 per cent in the and 2.4 per cent in the eurozone after hitting multi-decade highs two years ago — the world’s billionaires and ultra rich have grown wealthier, according to media group Forbes.Industry figures say the rich have shielded their wealth from inflation by investing in the tech-driven stock boom, which has outpaced the rise in the cost of living, and by making smart bets on private equity, debt and infrastructure that have delivered strong returns.“Wealthy individuals and their families are sophisticated investors, like hedge funds, that have been p
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- JPM's page on the SEC website