NEW YORK — JPMorgan's Rowland Details AI's Bull, Bear Split

Kristin Kallergis Rowland, global head of alternative investments at JPMorgan Private Bank, told Bloomberg's Dani Burger on "Bloomberg Deals" that a single investor can end up positioned on both the bull and bear side of artificial intelligence at once, according to the Bloomberg video published Sept. 30, 2026.

The segment, produced for Bloomberg's "Deals" program, frames the core tension facing institutional allocators as AI-linked spending continues to reshape corporate balance sheets, credit markets and private deal flow. Bloomberg's own description of the interview states that Rowland "explains how an investor ends up being on both the bull and bear side of AI," a framing that sets up the segment's central question without detailing her specific portfolio mechanics in the material made available.

Who is Kristin Kallergis Rowland?

Rowland holds the title of global head of alternative investments at JPMorgan Private Bank, according to Bloomberg's on-air identification. That role places her atop a unit responsible for steering private-bank clients into asset classes outside public stocks and bonds — categories that typically include private equity, private credit, hedge funds, real estate and infrastructure. Bloomberg's video does not specify further detail about her individual investment picks or the size of the book she oversees, and none is cited here.

What did the interview address about AI exposure?

The interview's stated subject is the mechanism by which an investor can simultaneously hold bullish and bearish positions tied to AI. Bloomberg's video description does not include a direct transcript of Rowland's remarks in the material reviewed for this report, so the specific instruments, sectors or companies she referenced are not detailed here. The segment aired as part of Bloomberg Television's ongoing "Deals" programming, hosted by Dani Burger, which regularly features executives from banks, private equity firms and corporate dealmakers discussing transaction activity and market positioning.

Bloomberg's own framing of the segment: Kristin Kallergis Rowland "explains how an investor ends up being on both the bull and bear side of AI."

What is Bloomberg Deals and who hosts it?

"Bloomberg Deals" is a Bloomberg Television program hosted by Dani Burger that covers mergers, private capital activity and executive interviews tied to dealmaking. The Rowland segment is catalogued on Bloomberg's video platform alongside other recent "Deals" and Bloomberg Television interviews, including conversations with Pershing Square's Bill Ackman on market concentration in large initial public offerings and CoreWeave's chief executive on computing demand, both listed as related video content on the same Bloomberg page.

Why does dual AI exposure matter for alternative investment allocators?

Alternative investment platforms at private banks typically span multiple layers of the AI buildout at once — infrastructure financing for data centers and power generation on one side, and equity or credit positions in companies whose business models AI could disrupt on the other. That structural overlap is the general dynamic Bloomberg's description points to, though the video segment itself, as sourced here, does not name specific holdings, funds or dollar figures tied to JPMorgan Private Bank's alternatives platform. Any numeric claim about deal sizes or asset totals would require direct attribution to Rowland's remarks or JPMorgan disclosures, neither of which appears in the material reviewed.

What to watch

• Whether JPMorgan Private Bank publishes written commentary or a client note elaborating on Rowland's framework for balancing AI-linked bull and bear positions.
• Additional Bloomberg Television segments in the "Deals" series addressing how private banks are allocating alternative-investment capital toward AI infrastructure versus AI-exposed credit risk.
• Follow-on remarks from other JPMorgan Private Bank executives on how alternative-investment clients are adjusting exposure as AI-related capital spending continues.
• Any subsequent Bloomberg reporting that quotes Rowland directly on specific sectors, companies or fund structures referenced in the interview.

The full video interview is available on Bloomberg's website.

What other AI-related coverage aired alongside the Rowland interview?

Bloomberg's video platform lists the Rowland segment alongside other same-day "Deals" and Bloomberg Television content tied to AI-linked capital flows. Those include a separate segment in which OpenAI is described as targeting $30 billion in funding at a $1.4 trillion valuation, and a 7-minute-15-second interview with CoreWeave's chief executive discussing new AI products and computing demand, both catalogued as related video content on the same Bloomberg page. Bloomberg's descriptions of those segments, like the Rowland interview, do not include full transcripts in the material reviewed for this report.