Goldman Survey Finds Insurers With $13 Trillion Ready for Risk
- Around a third of managers say they’ll boost portfolio risk
- Private equity expected to offer highest total returns
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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 Wednesday. The spread -- 26 percentage points -- is significantly above the survey’s historical average of 15%.