Newsmakers
Ayesha Parra Appointed Global Head of Alternatives at Russell Investments
Parra will oversee the firm’s business strategy for its alternatives platform.
Insurers who manage $13 trillion in the Americas and APAC see high returns in private credit, according to Goldman Sachs’ 13th annual global insurance survey.
The partnership aims to invest in senior direct lending opportunities in Asia Pacific.
Investors will need help hitting even reduced target returns in the coming years, says Goldman Sachs report.
Move is expected to eliminate mandatory pension funding through 2021.
The firm sees widening economic expansion, higher volatility in 2H2017 in its Q3 investment outlook.
Goldman Sachs Asset Management managing director replaces interim CIO Tim Nguyen.