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Jacob Manoukian

U.S. Head of Investment Strategy

Jacob Manoukian serves as the U.S. Head of Investment Strategy for J.P. Morgan Private Bank and Wealth Management. In this capacity, he collaborates with asset class specialists and portfolio managers to develop and articulate the firm’s economic and market perspectives, as well as its investment strategies.

Jacob is an integral member of the firm’s Global Investment Strategy Group and Global Markets Council. He is also the principal author of several flagship publications, including the annual Outlook report. Jacob and his team specialize in analyzing macroeconomic and market developments, tailoring insights to align with clients’ portfolios and their financial goals.

Having dedicated his entire career to J.P. Morgan, Jacob previously contributed to the J.P. Morgan Asset Management Investment Strategy Team, where he supported Michael Cembalest, the firm’s Chairman of Market and Investment Strategy.

Originally from Nevada, Jacob graduated from Middlebury College in Vermont with a bachelor’s degree in Economics and a minor in Middle Eastern History. Jacob and his family live in New York City, and he enjoys skiing and fly fishing whenever he gets the chance.

Read insights from Jacob

Investment Strategy Aug 15, 2025

Jobs in the AI revolution: Disruption today, growth tomorrow

The rise of AI is set to disrupt traditional jobs, but as with past innovations, it should pave the way for new opportunities and…

Investment Strategy Jul 10, 2025

Don’t sell America—bet on it

History shows us that past challenges have ultimately renewed U.S. strength. This time is no different.

Japan: Leading the pack but behind the curve

With growing uncertainties over fiscal risks and the BoJ’s policy stance, we are focused on navigating a relatively weak and volatil…

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