Goldman Executive Kraus To Retire - March 06

Peter Kraus, co-head of investment management at Goldman Sachs, will retire at the end of this month, according to an internal memo from Lloyd Blankfein, CEO. Also, Phil Duff has launched a firm to help institutions such as pension funds, insurers and endowments meet long-term funding obligations. Meanwhile, beleaguered Canadian stock markets began to bounce back as investors pumped an estimated 6 point 2 billion Canadian dollars into mutual funds in February. Finally, more than high-net-worth individuals and day traders will be hit by the Indian government?s budget proposal to scrap the I-T-rebate on the securities transaction tax.

Category:

News & Politics

Tags:

• EMII
• Institutional
• Investor

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