We believe our Commodities strategies are an efficient way to gain broad commodity exposure:
We employ a broad-based rigorous fundamental and technical approach to examine the entire commodity complex with the goal of identifying the most attractive opportunities to generate return. From this approach, we identify our best ideas and employ them in our various strategies.
We have the ability to trade across commodity markets using a wide variety of trading strategies and tools to capture opportunities the markets present. This allows the team to generate potential returns in any commodity environment.
We leverage the expertise and knowledge of our Global Fixed Income team to gain insight into policy and currency developments which influence the commodity markets.
We utilize the same rigorous approach across all three of our strategies to express our best ideas and views given specific portfolio constraints. We offer the ability to shift exposure along the forward curve and move overweight or underweight relative to our benchmarks in an attempt to outperform the various benchmarks.
Access to full commodity spectrum
Broad-based expertise across the broad commodity complex allows us to identify opportunities for both our long/short and long only products.
Diversification and a hedge to macro events
When attempting to outperform the various commodity benchmarks, we believe it is critical to be able to navigate the entire commodity complex. Commodities can in certain circumstances be a strong inflation hedge, geopolitical hedge and (historically at times), a hedge to a downturn in the equity markets.
We believe adding a small percentage of commodities to a portfolio can help mitigate macro events.
We invest in real estate assets that span the risk spectrum, through both our multi-manager platform and direct investment strategies. Our capabilities span both primary and secondary real estate fund investments, as well as co-investment opportunities. We also invest directly in US real estate assets. We leverage our real estate investing expertise as well as innovations from our global private equity program and secondaries experience to provide solutions across all market environments.
We source properties and strategies from across our platform as well as the Goldman Sachs network, monitoring evolving trends in various industries and property types.
Leveraging our broad market experience, we have developed longstanding relationships with counterparties and established ourselves as a key investment partner able to help identify evolving opportunities to add value, even after the initial investment.
We invest in a wide swathe of the real estate market, engaging in a range of investment strategies to access opportunities spanning various property types, sectors and geographies. Employing this broad investing approach, we are able to build diversified portfolios.
Potentially attractive, stable income stream
Real estate has the potential to provide an attractive, long-term risk-return profile, with returns driven by a combination of capital appreciation and consistent yields. The tangible nature of the assets may provide stability and value in uncertain macroeconomic environments.
Extensive expertise and deep in-house resources
A well-designed real estate program requires detailed understanding of value-drivers, including local market dynamics and property-specific characteristics. With our team extending around the globe, we are well-placed to identify attractive opportunities and niche strategies by leveraging the full scope of firmwide resources.
Historically lower correlation to traditional asset classes
A balanced, properly diversified real estate program, may improve the risk-return profile of a multi-asset class portfolio, as the historical correlation of real estate with more traditional asset classes is often low for the long-term holding periods generally seen in the real estate market.
For more information, please contact your GSAM relationship manager