Insurers want to put more money into private equity this year as they contend with rising inflation and its effects on monetary policy, a survey by Goldman Sachs Asset Management showed on Monday.
More than 40% of insurers plan to increase their investments in private equity in the next 12 months to boost returns, according to the survey of 328 executives overseeing more than $13 trillion in insurance assets.
Globally, 92% of investors said they now consider environmental, social and governance factors throughout the investment process, nearly a three-fold increase from 2017.
Read more: Yahoo Finance