An Opportunity to Join the Pigs at the Trough

Goldman Sachs has launched an aggressive recruiting drive to build its asset management business at a time when its rivals are pulling back from fund management, reports FT.

The bank plans to hire up to 200 staff across all regions in an attempt to establish a dominant position as one of the world’s leading asset managers. In 2007 Goldman was ranked 17th in the world in terms of assets under management.