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Goldman eyes Asia growth in private product solutions

The US firm outlines plans for building its solutions platform for private investors in Asia, focusing on simple, transparent and liquid products.
US investment bank Goldman Sachs is busy building its product solutions group for private investors in Asia as it strives to tap into the region’s expanding wealth management market. The firm established its private investor product group (PIPG) two months ago in Asia to serve retail, high-net-worth and ultra-high-net-worth investors, although the clients it targets directly are third-party distributors such as commercial and private banks and insurance firms.  The regional PIPG busin…
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