Goldman Sachs has appointed Farshid Asl and Matt Weir as co-heads of its Investment Strategy Group, succeeding Sharmin Mossavar-Rahmani, according to an internal memo seen by Private Banker International. Within Goldman Sachs Wealth Management, the Investment Strategy Group serves as the chief investment office, guiding asset allocation and portfolio strategy for private clients around the world. Asl currently leads Strategic and Quantitative Asset Allocation globally within the group, while Weir is a senior member of ISG with a principal focus on equity markets. Asl will remain based in New York, while Weir will continue to work from San Francisco. Mossavar-Rahmani is set to retire later this year after more than three decades at Goldman Sachs, having joined the firm as a partner in 1993.
Goldman Sachs Group IncGoldman Sachs names two new co-heads of its Investment Strategy Group; a leadership succession with no clear financial or strategic impact.
