The growing complexity of investment landscapes, driven by megatrends such as artificial intelligence (AI) and geopolitical tension, is spurring investors to embrace a more holistic total portfolio approach in 2026.
That is according to a report from Mercer, a business of global professional services firm Marsh, titled Rumors of my demise have been greatly exaggerated: the future of private markets.
Opportunities and risks to investor portfolios are evolving in the current investment environment, according to Niall O’Sullivan, global solutions CIO at Mercer. The firm’s annual Large Asset Owner Barometer, which represents the views of asset owners with more than $2 trillion of collective assets under ownership, found investors believe geopolitics and regulatory change represent the greatest risks to their portfolios during the next three years.
Mercer posits a more holistic, total portfolio approach will be required to successfully navigate the curr