Monday, September 19, 2011

Employee Movement in Goldman’s Quant Unit

AppId is over the quota
AppId is over the quota
Goldman Sachs’ quant funds unit is going through some employee shakeups.

The head of Goldman’s global quantitative investment strategies group is retiring while three her position will be split among two executives, according to the New York Times.

Katinka Domotorffy will leave the firm at the end of this year after 13 years of service, working her way up from portfolio researcher and manager to chief investment officer for Goldman while heading the quant group.

Taking over as chief investment officer is Ron Hua, who joins Goldman from PanAgora Asset Management, and heading the global quantitative business is 26-year Goldman employee Armen Avanessians, the Times reported.

Also two other Goldman executives, Bill Fallon and Don Mulvihill, will also oversee investment strategies within the group.

Go to New York Times article

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