With market volatility spilling into the new year, revenues for Goldman Sachs’ investment management arm – which includes its private wealth management and asset management divisions – dropped 13% in the first quarter of 2016. Year-on-year (YOY), the decline was more pronounced, with investment management revenues falling by 15%. That includes a hefty 76% quarter-on-quarter (QOQ) drop in incentive fees revenue…
Have a confidential tip? Get in touch [email protected]