Insurance executives responsible for investing more than $13 trillion in assets worldwide are planning to take on more risk as the global economy recovers, according to an annual survey conducted by Goldman Sachs Group Inc.
Of 286 chief investment officers and chief financial officers polled, 34% said they plan to increase portfolio risk, compared with 8% planning a decrease, according to survey results released recently. The spread —26 percentage points — is significantly above the survey’s historical average of 15%.
“As global interest rates maintain historically low levels, investors continue to prioritize return-enhancing assets — private equity, middle-market corporate loans, infrastructure debt, collateralized loan obligations and emerging-market debt,” Goldman Sachs Asset Management said in the report.
Volta Finance Limited (LON:VTA) is a closed-ended limited liability company registered in Guernsey. Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.