Money > Pensions
The co-heads of Goldman Sachs' $1.8 trillion money manager reveal their playbook for standing out in an industry that's getting hammered
1 month ago | By Business Insider
Summary List Placement The asset management industry is struggling. Passive investing approaches are taking over, driving down fees for hundreds of smaller active managers and pushing them to merge with similarly weakened rivals.
Larger managers like Morgan Stanley and JPMorgan are looking to get even bigger in order to compete.
And yet one of the world's largest, Goldman Sachs, is betting that it can make more incremental moves and still maintain a leadership role in the industry.
Last year, for example, Goldman created a team that's helping corporate and public pension funds navigate...
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