Insights and Research
Sticker shock? The real cost of decarbonized electricity
Michael Cembalest is the Chairman of Market and Investment Strategy for J.P. Morgan Asset Management, a global leader in investment management and private banking with $1.8 trillion of client assets under management worldwide (as of December 30, 2016). He is responsible for leading the strategic market and investment insights across the firm’s Institutional, Funds and Private Banking businesses.
Mr. Cembalest is also a member of the J.P. Morgan Asset Management Investment Committee and a member of the Investment Committee for the J.P. Morgan Retirement Plan for the firm’s more than 250,000 employees.
Mr. Cembalest was most recently Chief Investment Officer for the firm’s Global Private Bank, a role he held for eight years. He was previously head of a fixed income division of Investment Management, with responsibility for high grade, high yield, emerging markets and municipal bonds.
Before joining Asset Management, Mr. Cembalest served as head strategist for Emerging Markets Fixed Income at J.P. Morgan Securities. Mr. Cembalest joined J.P. Morgan in 1987 as a member of the firm’s Corporate Finance division.
Mr. Cembalest earned an M.A. from the Columbia School of International and Public Affairs in 1986 and a B.A. from Tufts University in 1984.
Insights and Research
Insights and Research
While renewable energy has made inroads in terms of electricity generation, direct use of renewable energy in homes/buildings, transportation
Insights and Research
Michael Cembalest provides an overview of key topics covered in his 2017 Energy Publication and their potential impact on global markets.
Insights and Research
Hopes for meaningful progress in 2017 on tax reform and infrastructure are slip-sliding away due to disagreements within the GOP.
Insights and Research
What does infrastructure investing look like in the future?
Investment Strategies
Michael Cembalest provides an overview of key topics covered in his 2017 Eye on the Market Outlook and their potential impact on global markets.
Investment Strategies
What amount of leverage can survive a world of volatile markets? Now that the window for low-cost borrowing may be closing, Michael Cembalest looks at history and the future.
Investment Strategies
Michael Cembalest address how the end of “peak central bank intervention” may reduce distortions and help active managers.
Investment Strategies
Michael Cembalest explains what the Department of Energy Liquefied Natural Gas export approvals mean, and what they don’t.
Investment Strategies
Michael Cembalest discusses how one could simultaneously employ tax loss harvesting and generate market returns.
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