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"Sources"

"Goldman Sachs professionals across the firm regularly produce content related to markets, securities, structured products, rates, currencies and economies around the world.\r\nThese insights originate from individuals in Goldman Sachs Research, Goldman Sachs Asset Management, Private Wealth Management, FICC and Equities and Investment Banking. \r\n \r\nGiven the different areas of focus of each of our businesses, and the varied goals, time horizons, investing styles and risk appetites of our clients, it is not unusual for individuals to have different views on similar topics. \r\n \r\nAsset Management.&nbsp;Investment professionals within Goldman Sachs Asset Management (GSAM) create and disseminate commentary on markets, economies and investment products. These materials are intended for institutional clients and high-net-worth individual investors.\r\nFICC and Equities.&nbsp;Professionals in FICC and Equities produce a variety of trading ideas and strategies for their professional investor clients.\r\nGlobal Markets Institute (GMI).&nbsp;The Global Markets Institute is the research think-tank within Goldman Sachs. It is dedicated to producing thought leadership on issues that affect public policy, corporate strategy and society. Its global client base includes policymakers, regulators, business leaders, investors and the public.\r\nInvestment Banking.&nbsp;Investment Banking produces presentations and insights for corporate clients that address changes in the regulatory environment and capital markets that could affect them by enabling or restricting their ability to engage in certain types of transactions. These reports are usually highly customized for clients and situations.\r\nPrivate Wealth Management (PWM).&nbsp;Private Wealth Management produces and disseminates insights about markets as well as portfolio strategies and asset allocation. These materials are intended for clients and are often custom tailored for individuals.\r\nResearch.&nbsp;Research is primarily produced for an institutional investing client base. Analysts cover more than 3,300 credit and equity securities. Economists write on 48 national economies. Our Economic, Commodities and Strategy department also cover markets, credit and equity strategy and commodities worldwide.\r\nSustainable Finance Group (SFG).&nbsp;Within the Executive Office, our Sustainable Finance Group serves as the centralized group that develops and drives sustainability strategy and related efforts across Goldman Sachs. This includes supporting commercial efforts alongside our firm’s businesses, engagement with the firm’s stakeholders on sustainable finance and sustainability-related policy and reporting, and oversight of firmwide transactional environmental and social risk management.\r\nGS Talks.&nbsp;Goldman Sachs convenes leading thinkers from a broad range of backgrounds to share their views and expertise with our people. This internal program offers Goldman Sachs people an opportunity to learn more about some of the major issues that are shaping the world today.\r\nTo minimize confusion, the view expressed in materials created and disseminated by Goldman Sachs professionals are marked to make clear their business of origin within Goldman Sachs.\r\n"

Goldman Sachs professionals across the firm regularly produce content related to markets, securities, structured products, rates, currencies and economies around the world.
These insights originate from individuals in Goldman Sachs Research, Goldman Sachs Asset Management, Private Wealth Management, FICC and Equities and Investment Banking. 
 
Given the different areas of focus of each of our businesses, and the varied goals, time horizons, investing styles and risk appetites of our clients, it is not unusual for individuals to have different views on similar topics. 
 
Asset Management.&nbsp;Investment professionals within Goldman Sachs Asset Management (GSAM) create and disseminate commentary on markets, economies and investment products. These materials are intended for institutional clients and high-net-worth individual investors.
FICC and Equities.&nbsp;Professionals in FICC and Equities produce a variety of trading ideas and strategies for their professional investor clients.
Global Markets Institute (GMI).&nbsp;The Global Markets Institute is the research think-tank within Goldman Sachs. It is dedicated to producing thought leadership on issues that affect public policy, corporate strategy and society. Its global client base includes policymakers, regulators, business leaders, investors and the public.
Investment Banking.&nbsp;Investment Banking produces presentations and insights for corporate clients that address changes in the regulatory environment and capital markets that could affect them by enabling or restricting their ability to engage in certain types of transactions. These reports are usually highly customized for clients and situations.
Private Wealth Management (PWM).&nbsp;Private Wealth Management produces and disseminates insights about markets as well as portfolio strategies and asset allocation. These materials are intended for clients and are often custom tailored for individuals.
Research.&nbsp;Research is primarily produced for an institutional investing client base. Analysts cover more than 3,300 credit and equity securities. Economists write on 48 national economies. Our Economic, Commodities and Strategy department also cover markets, credit and equity strategy and commodities worldwide.
Sustainable Finance Group (SFG).&nbsp;Within the Executive Office, our Sustainable Finance Group serves as the centralized group that develops and drives sustainability strategy and related efforts across Goldman Sachs. This includes supporting commercial efforts alongside our firm’s businesses, engagement with the firm’s stakeholders on sustainable finance and sustainability-related policy and reporting, and oversight of firmwide transactional environmental and social risk management.
GS Talks.&nbsp;Goldman Sachs convenes leading thinkers from a broad range of backgrounds to share their views and expertise with our people. This internal program offers Goldman Sachs people an opportunity to learn more about some of the major issues that are shaping the world today.
To minimize confusion, the view expressed in materials created and disseminated by Goldman Sachs professionals are marked to make clear their business of origin within Goldman Sachs.

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