GSAM

Low interest rates, moderate inflation and a strong recovery in corporate profits. For the time being, the environment for equities remains extremely favourable, according to James Ashley, Head of International Market Strategy at Goldman Sachs Asset Management (GSAM).

The shift from public to private investments among insurers is continuing and the coronavirus crisis has not changed that so far. The crisis has, however, emphasised the added value of managing risk budgets rather than maintaining strict limits on allocations to different asset classes.