GSAM targeting asset liability model business

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UK/EUROPE - Goldman Sachs Asset Management (GSAM) is going all out to capture the traditional business of consultants in launching its own asset advice service which encroaches further up the pensions management supply chain than any fund manager has before dared venture in Europe.

GSAM is to trial the service first in German and Scandinavian markets before assessing its suitability for expansion further afield. Target clients in those markets are insurance companies running ...

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