Goldman Sachs Says Insurers With $6 Trillion Mull Mortgage Loans

Global insurers who oversee more than $6 trillion in assets plan to invest capital in commercial mortgage loans and private equity this year to generate higher returns, a Goldman Sachs Asset Management survey showed.

Thirty-five percent of insurance executives said they plan to invest in the mortgages, 30 percent in infrastructure debt and 29 percent in private equity and middle market loans, according to the survey published Wednesday. About 66 percent of the 267 chief investment officers and chief financial officers said low yields were the greatest risk to their portfolios.