20 Biggest Publicly Traded Asset Managers

5. The Goldman Sachs Group, Inc. (NYSE:GS)

AUM: $3.6 trillion

Number of Hedge Fund Holders: 75

The Goldman Sachs Group, Inc. (NYSE:GS) ranks among the biggest publicly traded asset managers. Keefe, Bruyette & Woods boosted its price target for The Goldman Sachs Group, Inc. (NYSE:GS) to $1,000 from $971 on January 16, retaining a Market Perform rating on the company’s shares. The revision reflects a 3% increase over KBW’s previous assessment, indicating improved company performance, especially in the investment banking and trading segments.

Analyst Christopher McGratty remarked that “business momentum is exceptionally strong” in Goldman Sachs’ aforementioned divisions, with the company expected to meet or exceed its medium-term return on equity projections.

Bank of America also raised its price target for The Goldman Sachs Group, Inc. (NYSE:GS) to $1,100 on January 16. The report came after a robust fourth quarter and increased momentum in negotiations and IPO activities. The firm also mentioned an evolving regulatory setting, which is “significantly boosting Goldman’s competitive positioning.”

The Goldman Sachs Group, Inc. (NYSE:GS) is a global financial institution that provides a broad range of financial services to corporations, financial institutions, governments, and individual clients.