We believe market volatility is likely to remain elevated in the foreseeable future. Learn how the GS Global Multi-Asset Income Portfolio uses a dynamic approach to asset allocation to capture yield and total return opportunities that arise.
Diversified Sources of Income - We seek sustainable income through a broad range of income producing strategies including credit, high yield, real estate, emerging markets, higher dividend equities and covered call options.
Attractive Distribution Yield - We seek to provide attractive income with a gross distribution yield of ~6.5-7.0%, including exchanging some potential equity market upside for increased income certainty now through a covered calls strategy.
Dynamic - We have the flexibility to navigate the market cycle by shifting portfolio exposures.
Source: GSAM, 2019.
Shoqat Bunglawala, Head of Global Portfolio Solutions for EMEA and Asia Pacific
We analyse markets globally to build a portfolio that robustly diversifies sources of income and return. We aim to avoid stretching for yield by preventing equity biases to particular investment styles or sectors. Cross-asset positioning is dynamic to navigate the economic cycle and manage risk.
Against the backdrop of increased economic uncertainty, we believe thoughtful diversification, dynamism and risk management are critical to the success of income-oriented investors.
Whilst we ultimately believe economic expansion will continue in 2020, we acknowledge increasing uncertainty and headwind that elevated valuations place on future returns. We will remain focused on securities that deliver attractive income whilst identifying companies with robust business models in more defensive industries.
We believe the GS Global Multi-Asset Income Portfolio may solve the income dilemma clients face in a low-yielding environment.