Goldman Sachs Makes Play for Quant Funds

The transcript discusses Goldman Sachs' strategic shift from opposing high-speed trading to investing in technology to attract quant funds. This shift involves hiring new talent and focusing on sales efforts to pitch their capabilities to quant funds, which are becoming a significant market force. The impact on jobs is more about business expansion rather than job cuts. The challenge lies in convincing quant funds to switch to Goldman, given their reluctance to change trading platforms. Success could lead to long-term revenue growth.

What position did Goldman Sachs take against high-speed trading in 2014?

How has Goldman Sachs' approach to market structure changed over the years?

In what ways has Goldman Sachs attempted to adapt its business model to attract quant funds?

What are the reasons quant funds are considered a growing part of the market?

What challenges does Goldman Sachs face in convincing quant funds to move their business?