Dutch pension fund dumps underperforming Goldman Sachs
Pensioenfonds Vervoer, Schiphol, Netherlands, terminated Goldman Sachs Asset Management as manager in a mandate valued at about €7 billion, according to chief investment officer Patrick Groenendijk. He said the move is not related to SEC civil charges against Goldman Sachs and its vice-president Fabrice Tourre for failing to disclose vital information to investors. “We have been working for a long time evaluating the underperformance [of Goldman Sachs].”








april 29th, 2010 at 4:45 am
Good for you guys. The message is coming through!