Investors will need help hitting even reduced target returns in the coming years, says Goldman Sachs report.
Just half of American carriers consider global warming during their investment process, versus more than 70% of their European and Asian counterparts.
Goldman Sachs Asset Management: Continued Emerging Market Outperformance, Rising Inflation in Second Half
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.