Nine of the eleven top trades Goldman Sachs recommended to investors this year recorded potential gains, with stellar performances in equities, commodities and fixed income – although its dollar versus yen position incurred “significant losses”.
The successful recommendations at the US investment bank emerges after Goldman strategists unveiled their top eight trades across asset-classes for investors in 2010. One of those tips includes making bets in the credit derivative market on the prospects of economic recovery for Spain versus Ireland.