Provider Profiles
Goldman Sachs Asset Management, L.P.
| Portfolio Construction |
| Our asset allocation philosophy is rooted in first identifying a client’s objectives and constraints, maximizing returns for a given risk tolerance, and keeping a focus on risk management. The inclusion of a broad range of asset classes, the utilization of tactical investments, and a thoughtful rebalancing process are all part of our investment process. We formulate tactical asset allocation views to take advantage of shorter-term market dislocations. Our tactical process seeks to add additional sources of return often arising from dislocations in the market within and among asset classes. A key tenet of tactical asset allocation is that risk premia vary over time, creating opportunities to over and under-weight assets opportunistically. |
| Profile | |
| Business model§ | Proprietary/non-proprietary |
| Year entered into OCIO business | 1995 |
| No. of relationship managers/salespeople | 274 |
| No. of OCIO portfolio managers | 97 |
| OCIO % of total firm revenue | Not provided |
| No. of clients, full discretion | 888 |
| Full Discretionary Assets | |
| Total full discretionary OCIO assets | $329.4b |
| Discretionary Assets by Fund Type | |
| Defined benefit | $198b |
| 401(k), 403(b) or other defined contribution plan | $43.7b |
| Endowments or foundation | $36b |
| Health care pools (board designated, funded depreciation) | $3.6b |
| Other | $48.1b |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture or manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: A consulting firm that also has discretion over assigned assets. Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. Other: An OCIO platform is something other than the types listed above. |