Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Goldman Hires JPMorgan's Nuttall to Multi Asset Team

July 1 (Bloomberg) -- Goldman Sachs Asset Management hired Neill Nuttall from JPMorgan Asset Management to join its multi asset investment strategy team.

Nuttall was appointed co-chief investment officer of Goldman’s Global Portfolio Solutions Group and chairman of the GPS investment committee. He joined the firm in June and is based in London, said a spokesman for Goldman Sachs, confirming his appointment.

Nuttall left JPMorgan in April after 30 years at the firm, where he most recently headed the Global Multi Asset Group, or GMAG, which oversees about $153 billion. JPMorgan last month appointed John Bilton from Bank of America Corp. to head the global strategy team, a role Nuttall also previously covered.

“We are delighted to have further strengthened our investment team with the recent appointment of Neill,” Andrew Wilson, Goldman Sachs Asset Management’s CEO for Europe, the Middle East and Africa, said by e-mail. “With over 30 years of investment experience, Neill will serve as the head of all of our investment activities, overseeing strategic and tactical allocation” for the GPS Group.

Firms including Invesco Perpetual and Aviva Investors have sought to capitalize on the growing demand for multi asset investing, where money is deployed across asset classes from equities to infrastructure. Two-thirds of money managers expect multi-asset investment strategies will be the biggest contributor to growth in the next three years, according to a State Street Corp. survey last month.

Goldman Sachs’s GPS Group team includes about 70 globally.

To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net

To contact the editors responsible for this story: Edward Evans at eevans3@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.