Wall Street firm sees significant opportunity for Canadian business unit

Goldman Sachs appoints new head of Canada institutional client business to drive growth

Wall Street firm sees significant opportunity for Canadian business unit
Steve Randall

Goldman Sachs Asset Management is eying potential to grow its investment solutions business for Canada’s institutional clients and has appointed a new leader to drive it.

The Wall Street firm has hired Stephane Amara as head of Canada Institutional Client Business within its Client Solutions Group, based in Montreal and reporting to Christopher Keogh and Stephanie Ivy Sanford, co-heads of the Americas Institutional Client Business.

“We see significant opportunity to provide investment solutions to Canadian institutions, leveraging our broad investment toolkit across traditional and alternative asset classes,” commented Ivy Sandford. “We are delighted to welcome Stephane, a seasoned industry professional with over 20 years of experience and deep relationships in Canada, to build our presence in the local market.”

Amara was most recently at MFS Investment Management as a managing director and responsible for the Institutional Sales and Consultant Relations team in Canada. Previously, he was head of Canada for Allianz Global Investors and DWS (formerly Deutsche Bank Asset Management).

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