Following several years of benign markets and muted volatility, the what does a chief investment officer do concern of insurers remains achieving adequate returns in the persistent, low yield environment. 7 trillion in global balance sheet assets.
This year insurers expressed a more optimistic view of investment opportunities compared to last year, but expectations for market returns have diminished. The dominant concern remains achieving adequate returns in the persistent, low yield environment. The majority of insurers intend to maintain current levels of portfolio risk, albeit with a modest nod to increasing credit risk and portfolio duration. On a global basis, EMEA-based insurers demonstrated a greater risk appetite, while Asia Pacific insurers exhibited a lean towards reducing equity risk. This material is provided for educational purposes only and should not be construed as investment advice or an offer or solicitation to buy or sell securities. Views and opinions expressed are for informational purposes only and do not constitute a recommendation by GSAM to buy, sell, or hold any security. Views and opinions are current as of the date of this presentation and may be subject to change, they should not be construed as investment advice.
This information discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice. THIS MATERIAL DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY JURISDICTION WHERE OR TO ANY PERSON TO WHOM IT WOULD BE UNAUTHORIZED OR UNLAWFUL TO DO SO. Prospective investors should inform themselves as to any applicable legal requirements and taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant. Past performance does not guarantee future results, which may vary. The portfolio risk management process includes an effort to monitor and manage risk, but does not imply low risk. The ability of the underlying fund to achieve its targets depends upon a variety of factors, not the least of which are political, public market and economic conditions. Real estate investments are speculative and illiquid, involve a high degree of risk and have high fees and expenses that could reduce returns.