Goldman CIO Service Suddenly Catches On in Japan After 10 Years

It took a more than a decade of trying, but Goldman Sachs Group Inc. last year landed the first client for its business of helping institutions manage their money in Japan.

A second pension signed up in early 2025. Now about 10 more potential customers are in the pipeline, according to Kenro Tsutsumi, head of Goldman Sachs Asset Management Japan.