Hedge Funds

Goldman Sachs changes tack to woo UK hedge funds

Move comes around 18 months after the bank said it wanted to reduce its reliance on hedge fund business for revenues

Goldman Sachs changes tack to woo UK hedge funds
Photo: FN Montage

Goldman Sachs is wooing London’s hedge funds, just 18 months after the bank decided to reduce its reliance on the investment class for revenues.

The Wall Street bank is hiring analysts, associates and engineers to its prime brokerage unit in the UK capital in a bid to win more business from hedge funds, according to headhunters and people familiar with the matter.

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