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Goldman Sachs Asset Management is Creating Series of Wealth Management Partnerships in the UK

October 18, 2010

Goldman Sachs Asset Management (GSAM) has boosted its third-party distribution team from two to ten as it looks to create a series of wealth management partnerships in the UK.

Matt Mack, head of third party distribution in the UK and Nordic region, said: “As a result of the strategic review we identified asset management as a key area for strategic growth. We want to put resources into asset management and grow it, at a time when a lot of houses in this area have been contracting.”