Liquidity management is a core capability within Goldman Sachs and has remained a strategic focus since the inception of the firm’s asset management business. Leadership in cash management dates back to 1981, when the Fixed Income Division acquired management responsibilities for $2bn in two institutional money market portfolios. In 1988, Goldman Sachs Asset Management (GSAM) was formally established around this small but growing business.
Today, Global Liquidity Management encompasses GSAM’s money market and short-duration fixed income businesses and approximately 35% of GSAM’s total assets under management1. Our liquidity solutions encompass commercial and government securities as well as multicurrency options including US$, GBP, euro, AUD and yen. Reflecting the strength of our capabilities and investing ability, GSAM is one of the top five institutional money market fund managers globally(2).
Kathleen Hughes, Co-head of Global Liquidity Sales commented: “We are delighted to receive the TMI Awards for the Best Money Market Funds in Europe and in North America. We remain committed to our conservative approach, focusing on effectively managing portfolios by seeking to preserve capital and maintain a high degree of liquidity. As we celebrate 30 years of Global Liquidity Management in 2011, with a 15 year anniversary for our offshore business, we believe these awards are testimony to our expertise.”
We aim to meet our clients’ need for preservation of capital, liquidity and competitive yields through: liquidity solutions which we believe are high quality; support in navigating the financial markets and expertise in expanding organisational resources.
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