05/02/2013 19:11:00

Goldman's Jim O'Neill, Chairman of Asset Management, to Retire -Memo

Related content
Related debate
11 Feb - 
Ja så enkelt er det og Eliot har (højst sansynligt) ret..
11 Feb - 
En så dyb krise som startede i USA i 2006 kommer til at..
11 Feb - 
Nej specielt ikke når jeg har ret i det jeg skriver😀

By Liz Moyer

Goldman Sachs Group Inc.'s (GS) influential market strategist Jim O'Neill will retire from the firm later this year, according to a Goldman memo.

Mr. O'Neill has been chairman of Goldman Sachs Asset Management since September 2010. He joined Goldman as a partner in 1995 from Swiss Bank Corp., where he had been global head of research. He hasn't announced his next move.

A memorandum to employees on Tuesday signed by Goldman Chairman and Chief Executive Officer Lloyd Blankfein and President and Chief Operating Officer Gary Cohn credited Mr. O'Neill with coining the term BRICs, an acronym for the fast-growing economies of Brazil, Russia, India and China. He is also the author of a book, "The Growth Map," published in 2011.

"Jim's BRIC thesis has challenged conventional thinking about emerging markets and, as a result, has had a significant economic and social impact," Mr. Blankfein and Mr. Cohn said in the memo.

Mr. O'Neill is the latest partner to depart Goldman. Last month, David Viniar, the firm's chief financial officer since its initial public offering, retired and was succeeded by Harvey Schwartz. Goldman hasn't named a new chairman for its asset management division.

Write to Liz Moyer at liz.moyer@dowjones.com

(END) Dow Jones Newswires

February 05, 2013 14:11 ET (19:11 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
11 Feb
GS
Det Gary Cohn mente var, at det ikke er så nemt for tiden at stjæle Kundernes penge for tiden, fordi..
5
11 Feb
GS
Goldman Sachs er nogle amatører. De er gamle, konservastive, og så er de allesammen uddannet økonome..
3
11 Feb
GS
Vær i øvrigt sindsygt sikker på ...   at Goldman har shortet deres egen aktie ind i helvede gennem s..
2
11 Feb
GS
med 5 X gering
1
11 Feb
GS
Goldman Sachs Præsident og COO Gary Cohn sagde til Bloomberg her til aften at der er en likviditetsk..
1

Regulatory news

Form 8.3 - Royal Dutch Shell Plc

12/02/2016 15:29:16
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE ..

Form 8.3 - Royal Dutch Shell PLC

12/02/2016 12:46:09
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE ..

Form 8.3 - Sainsbury (J) plc

12/02/2016 09:43:37
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week

Related stock quotes

Goldman Sachs Group Inc 146.13 3.9% Stock price increasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2016   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
14 February 2016 18:52:11
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20160212.1 - EUROWEB7 - 2016-02-14 19:52:11 - 2016-02-14 18:52:11 - 1000 - Website: OKAY