Goldman Sachs The Markets
How investors are managing rising volatility
Apr 5, 2024
Kerry Blum, global head of the Equity Strategy Group at Goldman Sachs Asset & Wealth Management, delves into managing risk amid rising volatility. Topics include strategies like collars for non-executive investors, navigating market highs with clients, implications of the IPO market restart, and analyzing recent S&P performance and market watch areas.
08:04
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Quick takeaways
- Wealthy clients collaborate to customize portfolios and manage concentrated equity positions for overall balance.
- Investors adjust strategies with collars and other options to mitigate volatility and capitalize on market conditions.
Deep dives
Strategic Portfolio Tailoring for Wealth Management Clients
Wealth management clients collaborate with the equity structuring group to customize their investment portfolios by strategically allocating capital. Clients, including founders of public companies and venture capital recipients, seek assistance in managing concentrated equity positions, which can significantly impact their overall balance sheets. Despite the potential wealth creation from concentrated equity, its volatility compared to market indexes poses risks. Discussions often revolve around sales plans for executives at public companies to achieve liquidity goals amidst the market's all-time highs.
