Goldman Sachs AM Partners with Mashreq

Mashreq, a leading financial institution in the MENA region, announced a partnership with Goldman Sachs Asset Management. According to a story in MarketsMedia news, the new collaboration will enable Mashreq to provide discretionary services to its wealth management customers with access to a range of discretionary portfolios, aligning with the bank’s aim of delivering superior customer experience and leading investment solutions. Goldman Sachs Asset Management is the primary investment management arm within Goldman Sachs, delivering investment advisory services across public and private markets for the world’s leading institutions, financial advisors, and individuals. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. Goldman Sachs Asset Management is a leading investor in fixed income, liquidity, equity, alternatives, and multi-asset solutions. Goldman Sachs oversees approximately $3.1 trillion in assets under supervision as of December 31, 2024. Mashreq’s customers will be able to access discretionary mandates catering to various investment and income needs, based on their risk appetites, from April 2025 onwards.