Goldman Sachs Asset Management
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China Life hirings seen as launch of global manager opportunities
trueA group of global investment managers has garnered the first flurry of mandates from China's largest life insurer since regulators opened the door for offshore investments three years ago.
Market only driver of money manager AUM growth in '14
trueAssets under management for most publicly-traded money managers inched up in the fourth quarter after they declined nearly across the board in the third quarter.
GSAM's assets grow 2% in quarter on liquidity strategy inflows
trueGoldman Sachs reported $1.027 trillion in assets under management for its Goldman Sachs Asset Management and wealth management businesses as of Dec. 31, up 2% from three months earlier and up 12% from a year earlier, said its third-quarter earnings statement issued Friday.
GSAM's assets, revenue flat from prior quarter; AUM up 15% for the year
trueGoldman Sachs reported $1.008 trillion in assets under management for its Goldman Sachs Asset Management and wealth management businesses as of Sept. 30, flat from three months earlier but up 15% from a year earlier, according to its third-quarter earnings statement issued Thursday.
N.Y. State Common establishes $2 billion strategic partnership with GSAM
trueNew York State Common Retirement Fund and Goldman Sachs Asset Management established a strategic partnership to run $2 billion in active global equity strategies.
Goldman said to lead $350 million buyout of debt fund holdings
trueGoldman Sachs Asset Management is the lead investor in a transaction to purchase stakes in two older distressed debt funds overseen by a former unit of TCW Group.
GSAM assets under management up 5% in quarter
trueGoldman Sachs reported $1.007 trillion in assets under management for its Goldman Sachs Asset Management and wealth management businesses as of June 30, up 5% from three months earlier and up 19% from a year earlier, according to its second-quarter earnings statement issued Tuesday.
Goldman Sachs, Bain to pay $121 million to end buyout lawsuit
trueGoldman Sachs Group and Bain Capital Partners agreed to pay a total of $121 million to settle claims they cheated investors by suppressing competition in some of the biggest deals of the leveraged buyout boom before the financial crisis.
Florida SBA opposes Goldman Sachs executive compensation
trueFlorida State Board of Administration and Glass Lewis & Co. oppose the executive pay package at Goldman Sachs Group Inc. for Lloyd C. Blankfein, chairman and CEO, and four other top executives.
GSAM acquires smart beta firm Westpeak Global Advisors
trueGoldman Sachs Asset Management agreed to acquire smart beta specialist Westpeak Global Advisors.
GSAM assets under management up 4% in quarter
trueGoldman Sachs reported $956 billion in assets under management for its Goldman Sachs Asset Management and wealth management businesses as of March 31, up 4% from three months earlier and up 11% from a year ago, according to its first-quarter earnings statement issued Thursday.
Rising equities, low interest rates create split in derisking approaches
trueAn improvement in defined benefit plan funding has triggered a tension within corporations between an investment outlook to pursue rising equity markets and risk management in pursuit of better asset-liability matching in spite of low interest rates, said Michael A. Moran, pension strategist, ...
GSAM analysis: FTSE 350 companies' hit 103% pension funding ratio
trueStrong investment returns drove funding ratios of U.K. defined benefit pension funds of FTSE 350 companies up to 103% as of Dec. 31, from 93% a year earlier, according to analysis by Goldman Sachs Asset Management.
GSAM assets grow 5% in quarter
trueGoldman Sachs reported $919 billion in assets under management for its Goldman Sachs Asset Management and wealth management business as of Dec. 31, up 5% from Sept. 30 and up 8% from a year ago.
GSAM taps liquid alternative mutual fund director
trueNadia Papagiannis joined Goldman Sachs Asset Management as director of alternative investment strategy in the firm's global third-party distribution unit.