BICE looks to bolster penetration of global brands it represents

The big challenge given to BICE's institutional distribution area, headed by Carles Gaju, who took over a few months ago, is to raise the profile of the global managers it currently represents.

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Goldman Sachs gets in the ETF game with launch of US Large Cap vehicle

"Our clients asked us to apply our investment expertise to exchange-traded funds," said Michael Crinieri, GSAM's global head of ETF strategies. “We believe ActiveBeta ETFs create solutions for them and capitalize on our global reach and deep knowledge of the markets.”

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Goldman Sachs looks for growth in private-client segment in Chile

The manager is expected to close distribution agreements with a handful of local private banks by the end of the year.

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BNY Mellon announces hiring of Koelle and Salomonde

Koelle replaced René Boettcher. Salomonde, meanwhile, replaced Zeca Oliveira, one of three executives under the microscope for supposed “irregularities” at the firm. Oliveira and two others were officially dismissed from the company in early December, allegedly in connection with the “irregularities” mentioned above.

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State Street buys GSAS

State Street, said that it has agreed to pay USD550 million to buy Goldman Sachs Administration Services as it looks to become the leading global administrator of hedge funds.

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