The asset management division at US bank Goldman Sachs reported a 10% increase in revenues for the second quarter of its financial year, defying turbulent equity markets and skittish investors to grow its assets under management by $22bn (â¬14.2bn) over the period.
Net revenues at Goldman Sachs Asset Management for the three months to the end of May were $1.16bn, 10% higher than the same period last year.