Goldman Sachs elevates internal veterans Farshid Asl and Matt Weir to lead its Investment Strategy Group, replacing retiring chief Sharmin Mossavar-Rahmani in a transition of the firm's wealth management leadership.
Goldman Sachs announced leadership changes in its Investment Strategy Group, which is a routine internal appointment with limited direct market impact.
Goldman Sachs has named Farshid Asl and Matt Weir as the new co-heads of its Investment Strategy Group, succeeding long-time leader Sharmin Mossavar-Rahmani. The pair will oversee global asset allocation and portfolio strategy for the firm's wealth management division as Mossavar-Rahmani prepares for retirement after a three-decade tenure.
The Investment Strategy Group acts as the chief investment office for Goldman Sachs Wealth Management, responsible for guiding asset allocation, portfolio strategy, and market insights for private clients globally.