Head Office: New York, New York Total Assets Under Management: US$709 billion Investment Professionals: 514 Investment Style: Large cap value
Investment Philosophy and Approach: GSAM’s philosophy is based on the belief that all successful investing should thoughtfully weigh two important attributes of a stock: price and prospects. While most value managers are keenly interested in stock price, they tend to underestimate the importance of prospects. GSAM believes a company’s prospective ability to generate high cash flow returns on capital will strongly influence investment success. Using a strong valuation discipline to purchase well-positioned, cash-generating businesses run by shareholder-oriented management teams is the best formula for long-term portfolio performance. Watch the Manager Presentation |