Goldman Sachs Asset Management's Theodore Enders says hedge fund replication can bring risk-reduction benefits without a lot of the traditional drawbacks of hedge fund investing.
Goldman Sachs Group Inc. President Gary Cohn said that Europe still faces "fundamental problems" and that policy makers don't appear to have a plan for generating economic growth in the region's southern nations.
The National Committee for Responsive Philanthropy has issued a highly critical report on the performance of the corporate foundations of Bank of America, Goldman Sachs, Wells Fargo and JPMorgan Chase.