Archive · 28 Oct 2025
Goldman Sachs Analyzes Global Asset Portfolio
Imagine all the money people have invested in different things around the world, like stocks, bonds, gold, and even newer things like private companies and Bitcoin.
This collection of investments is called the 'World Portfolio' and it's worth a lot of money, about $250 trillion!
A report from Goldman Sachs looked closely at this big collection.
It found that people are investing more in stocks compared to bonds than before.
Over a long time, since World War II ended, these investments have grown about 4% each year after accounting for rising prices.
Different ways of splitting up investments have worked better at different times.
For a long time, a popular mix called the '60/40 portfolio' was the best when you considered how much risk you took.
More recently, a different strategy called 'risk parity' has done the best.
Goldman Sachs conducted a comprehensive analysis of the World Portfolio, valued at approximately $250 trillion.
The World Portfolio represents about 200% of global GDP and includes public equities, bonds, gold, and alternative assets.
Structural shifts indicate an increased weight of equities relative to bonds.
The World Portfolio has achieved a real return of nearly 4% since World War II.
The 60/40 portfolio historically outperformed on a risk-adjusted basis, while risk parity has excelled post-1990.
- Who
- Goldman Sachs
- What
- Analysis of structural shifts in global asset allocation, portfolio performance, and diversification strategies within the World Portfolio.
- When
- October 28, 2025
- Where
- Global
- Why
- To reveal insights into the composition and performance of global assets.
- Estimated World Portfolio Size
- $250 trillion
- World Portfolio as % of World GDP
- 200%
- Average Real Return (Post-WWII)
- 4%
- Best Performing Portfolio (Post-1950, Risk-Adjusted)
- 60/40 Portfolio
- Best Performing Portfolio (Post-1990)
- Risk Parity