Goldman Sachs

THE BIG QUESTION

Ed Harley, head of asset management at the Financial Conduct Authority, has left the regulator to take up a role at Goldman Sachs Asset Management.

EUROPE

Goldman Sachs Asset Management (GSAM) is to acquire RBS' range of money market funds.

SPECIAL REPORT

Goldman Sachs, Visa and Nike are to join the Dow Jones Industrial Average (DJIA) index later this month in the largest shake-up for almost a decade.

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

Goldman Sachs Asset Management (GSAM)'s fixed income team has been adding to emerging market debt following a sharp sell-off in the asset class, in the view valuations are at attractive levels.

Investment bank Goldman Sachs has made a bullish prediction London's leading share index will break through its all-time high over the next 12 months.

Jim O'Neill, the former chairman of Goldman Sachs AM who coined the term 'BRICs', will join the board of the Department for Education in the autumn.