A key question we ask ourselves in these circumstances is "Are we being rewarded for this illiquidity, or are all the benefits all to one side? Of the 50 stocks in the basket, below is a list of the top 17 held by hedge funds that have 10 to 200 distinct US equity positions as of June 30, 2022. Fig.2 shows this. The Federal Reserve is tapping the brakes on U.S. economic growth, which could help bring down inflation and temper the most overheated job market in postwar American history, according to Goldman Sachs Research. Focus now is on the crystallization of any performance fees. As of December 31, 2022, total investments in our portfolio were $3.5 billion at fair value, comprised of 97.6% senior secured loans, including 89.3% in first lien, 3.3% first lien last-out unit. Fireside chat with the CFO; Contacts Glossary System requirements. Goldman Sachs Annual European Financials Conference 2022. Commodities Corporation (CC) was founded with $2.5m of equity in 1969 under the leadership of Helmut Weymar, an entrepre-neurial Ph.D. economist, and Dr. Paul Samuelson, a Nobel Laureate economist. They analyze positions at the start of 4Q 2022 based on 13-F filings as of November 15, 2022. endobj Em junho, a equipe de gesto da Turim UK participou de trs eventos sobre investimentos na Europa: Goldman Sachs Hedge Fund Conference, em Roma; e Oaktree e General Atlantic Conference, em Londres. Over the span of just under 18 years, beginning on September 2, 1998 and ending . Fill out our AICON 2022 Our conference, a premier annual event, is designed to increase access and career development at every point of the investing chain for professionals from backgrounds traditionally underrepresented in alternative investments. While the lightning spread of the Omicron virus variant has led to a record surge in cases globally, its more transmissible but milder nature has also raised the question of whether its ushering in a more manageable, endemic phase of the virus in 2022. "It is good to be with a manager with a stable capital base as they can take advantage of opportunities when markets are in turmoil.". Goldmans Sachs Research economists maintain their long-held view that the energy crisis will push the European economy into recession this winter, as surveys and production data point to a sizeable slowing in energy-intensive industries, and high inflation will reduce real household incomes. In the latest episode of Exchanges at Goldman Sachs, Kay Haigh, co-CIO of Fixed Income, and Hiren Dasani, co-head of emerging markets equity, within Goldman Sachs Asset & Wealth Management, discuss the recent rally in emerging markets and the outlook for 2023. Rather the marginal demand is from existing clients for the next level of product. Hedge Fund Strategies is part of Goldman Sachs Asset Management (GSAM), which is the asset management arm of The Goldman Sachs Group, Inc. GSAM managed $549.4 billion as of 30 June 2006. Commodities Corp. was a company where some of today's best traders began their careers traders like Ed Seykota, Michael Marcus, Paul Tudor Jones, Bruce Kovner and Louis Bacon all began at CC. Ms. Pinnavaia joined Goldman Sachs in 1995 where she worked within the Equity Derivatives group, responsible for the development of the derivatives business involving UK and Italian institutions. Accordingly, equity hedge fund returns are having their smallest beta to the broad equity market in years. Goldman Sachs Presentation at the 2023 Credit Suisse Financial Services Forum, Goldman Sachs Global Head of Investor Relations and Chief Strategy Officer Carey Halio on 2022 Full Year and Fourth Quarter Earnings, Goldman Sachs Conference Call on 2022 Full Year and Fourth Quarter Results, David Solomon to Provide Remarks at the Goldman Sachs U.S. Financial Services Conference, Goldman Sachs Global Head of Investor Relations Carey Halio on 2022 Third Quarter Earnings, Goldman Sachs Conference Call on 2022 Third Quarter Results, Goldman Sachs Presentation at the Barclays 20th Annual Global Financial Services Conference, Goldman Sachs Global Head of Investor Relations Carey Halio on 2022 Second Quarter Earnings, Goldman Sachs Conference Call on 2022 Second Quarter Results, Goldman Sachs Presentation at Bernsteins 38th Annual Strategic Decisions Conference, Goldman Sachs Fixed Income Investor Conference Call, Goldman Sachs Global Head of Investor Relations Carey Halio on 2022 First Quarter Earnings, Goldman Sachs Conference Call on 2022 First Quarter Results, Goldman Sachs to Present at the Wolfe FinTech Forum 2022, Goldman Sachs Presentation at the 2022 Credit Suisse Financial Services Forum, Goldman Sachs Global Head of Investor Relations Carey Halio on 2021 Fourth Quarter Earnings, Goldman Sachs Conference Call on 2021 Full Year and Fourth Quarter Results, Goldman Sachs Global Head of Investor Relations Carey Halio on 2021 Third Quarter Earnings, Goldman Sachs Conference Call on Third Quarter 2021 Results, Goldman Sachs Global Head of Investor Relations Carey Halio on 2021 Second Quarter Earnings, Goldman Sachs Conference Call on Second Quarter 2021 Results, Goldman Sachs Presentation at Bernsteins 37th Annual Strategic Decisions Conference, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2021 First Quarter Earnings, Goldman Sachs Conference Call on First Quarter 2021 Results, Goldman Sachs to Present at the Wolfe Virtual FinTech Forum, Goldman Sachs to Present at the RBC Global Financial Institutions Conference 2021, Goldman Sachs Presentation at the 2021 Credit Suisse Financial Services Forum, Goldman Sachs Conference Call on Full Year and Fourth Quarter 2020 Earnings Results and Update on Strategic Plan, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on Full Year and Fourth Quarter 2020 Earnings Results, Goldman Sachs Presentation at the Bank of America Merrill Lynch Future of Financials 2020 Conference, Goldman Sachs to Present at the BancAnalysts Association of Boston Conference, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2020 Third Quarter Earnings, Goldman Sachs Conference Call on 2020 Third Quarter Results, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2020 Second Quarter Earnings, Rebroadcast of Goldman Sachs Conference Call on 2020 Second Quarter Results, Goldman Sachs Presentation at Bernsteins 36th Annual Strategic Decisions Conference, Goldman Sachs Conference Call on 2020 First Quarter Results, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2020 First Quarter Earnings, Goldman Sachs Presentation at the 2020 Wolfe Research FinTech Forum, Goldman Sachs Presentation at the 2020 Credit Suisse Financial Services Forum, Full Year and Fourth Quarter 2019 Earnings Results, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2019 Performance, Goldman Sachs Presentation at the Bank of America Merrill Lynch Future of Financials 2019 Conference, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2019 Third Quarter Earnings, Goldman Sachs Global Head of Investor Relations Heather Kennedy Miner on 2019 Second Quarter Earnings, Goldman Sachs Presentation at Sanford C. Bernstein's 2019 Annual Strategic Decisions Conference, Goldman Sachs Presentation at the 2019 Credit Suisse Financial Services Forum, 2018 Full Year and Fourth Quarter Results, Goldman Sachs Presentation at the Bank of America Merrill Lynch Future of Financials 2018 Conference, Goldman Sachs Presentation at Sanford C. Bernstein's 2018 Annual Strategic Decisions Conference, Goldman Sachs Presentation at the 2018 Credit Suisse Financial Services Forum, Goldman Sachs Presentation at the Bank of America Merrill Lynch Future of Financials 2017 Conference, Goldman Sachs Presentation at the Barclays Global Financial Services Conference, Goldman Sachs to Present at the Deutsche Bank Global Financial Services Conference, Goldman Sachs Presentation at the 2017 Credit Suisse Financial Services Forum, Goldman Sachs Presentation at the Bank of America Merrill Lynch Future of Financials 2016 Conference, Goldman Sachs Presented at the Deutsche Bank Global Financial Services Conference, Goldman Sachs Presentation at the 2016 Credit Suisse Financial Services Forum, Rebroadcast of Goldman Sachs Conference Call to Announce 2015 Annual and Fourth Quarter Results, Goldman Sachs Presentation at the Bank of America Merrill Lynch 2015 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2015 Third Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2015 Second Quarter Results, Goldman Sachs Presented at the Deutsche Bank Global Financial Services Investor Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2015 First Quarter Results, Goldman Sachs Presentation at the 2015 Credit Suisse Financial Services Forum, Rebroadcast of Goldman Sachs Conference Call to Announce 2014 Annual and Fourth Quarter Results, Goldman Sachs Presentation at the Bank of America Merrill Lynch 2014 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2014 Third Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2014 Second Quarter Results, Broadcast of Goldman Sachs Conference Call to Announce 2014 Second Quarter Results, Goldman Sachs Presentation at Sanford C. Bernstein's Strategic Decisions Conference 2014, Rebroadcast of Goldman Sachs Conference Call to Announce 2014 First Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2013 Annual and Fourth Quarter Results, Goldman Sachs Presented at the Bank of America Merrill Lynch 2013 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2013 Third Quarter Earnings, Rebroadcast of Goldman Sachs Conference Call to Announce 2013 Second Quarter Earnings, Goldman Sachs Presentation at Sanford C. Bernstein's Strategic Decisions Conference 2013, Rebroadcast of Goldman Sachs Conference Call to Announce 2013 First Quarter Earnings, Goldman Sachs Presentation at the Credit Suisse 2013 Financial Services Forum, Rebroadcast of Goldman Sachs Conference Call to Announce 2012 Annual and Fourth Quarter Results, Goldman Sachs Presentation at the Bank of America Merrill Lynch 2012 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2012 Third Quarter Earnings, Rebroadcast of Goldman Sachs Conference Call to Announce 2012 Second Quarter Earnings, Goldman Sachs Presentation at Sanford C. Bernstein Strategic Decisions Conference 2012, Rebroadcast of Goldman Sachs Conference Call to Announce 2012 First Quarter Earnings, Goldman Sachs Presentation at the Credit Suisse 2012 Financial Services Forum, Rebroadcast of Goldman Sachs Conference Call to Announce 2011 Annual and Fourth Quarter Earnings, Goldman Sachs Presentation at the Bank of America Merrill Lynch 2011 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2011 Third Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2011 Second Quarter Earnings, Goldman Sachs Presentation at Sanford C. Bernstein's Twenty-Seventh Annual Strategic Decisions Conference 2011, Rebroadcast of Goldman Sachs Conference Call to Announce 2011 First Quarter Earnings, Goldman Sachs Presentation at the Credit Suisse 2011 Financial Services Forum, Rebroadcast of Goldman Sachs Conference Call to Announce 2010 Annual and Fourth Quarter Earnings, Goldman Sachs Presentation at the Bank of America Merrill Lynch 2010 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2010 Third Quarter Earnings, Rebroadcast of Goldman Sachs Conference Call to Announce 2010 Second Quarter Earnings, Goldman Sachs Presentation at the UBS 2010 Global Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2010 First Quarter Results, Goldman Sachs Presentation at the Credit Suisse 2010 Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2009 Annual and Fourth Quarter Results, Goldman Sachs Presentation at the Bank of America/Merrill Lynch 2009 Banking and Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2009 Third Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2009 Second Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2009 First Quarter Results, Goldman Sachs Presentation at the Credit Suisse 2009 Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2008 Annual and Fourth Quarter Results, Goldman Sachs Presentation at the 2008 Merrill Lynch Banking and Financial Services Investor Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2008 Third Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2008 Second Quarter Results, Goldman Sachs Presentation at the Credit Suisse 2008 Financial Services Conference, Rebroadcast of Goldman Sachs Conference Call to Announce 2007 Annual and Fourth Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2007 Third Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2007 Second Quarter Results, Rebroadcast of Goldman Sachs Conference Call to Announce 2007 First Quarter Results. So the sub-style used by each manager can be very important in mitigating or enhancing risk assumption at the fund of funds level. A Goldman Sachs-sponsored car racing event for hedge-fund types in Palm Beach, Fla., was thrown into chaos last week after the track -- owned by a Texas-based buyout firm -- slammed the brakes at . Partner together to navigate this year and many years ahead. Exposure - Of major significance, hedge fund equity market exposure is at the lowest levels since the start of their data set of nearly 20 years. Share this event on: Twitter. 2016 to December 31, 2021, aggregated across all funds active during that time period. In 2021, the US economy showed its resilience and US equities outperformed once again, supporting the Investment Strategy Groups long-held tenets of US Preeminence and Staying Invested. The growth of the industry has presented some challenges to funds of funds. Goldman Sachs Research analysts expect global growth of just 1.8% in 2023, as US resilience contrasts with a European recession and a bumpy reopening in China. How Is The Capital Spending Theme Faring? Goldman Sachs & Co. LLC is the distributor of the Goldman Sachs Funds. In January 2022 , Microsoft agreed to acquire Activision for $95 a share in cash, or about $69 billion, but the deal has since been embroiled in U.S. regulators' antitrust case attempting to block the sale. The report analyzes the holdings of 786 hedge funds with $2.3 trillion of gross equity positions at the start of 4Q 2022 ($1.5 trillion long and $730 billion short). See the chart below. "Within the long/short bucket we currently have many diverse exposures, but tend to have a preference for a deep-value, fundamental approach. As a reward for this strong performance, some Goldman energy traders along with 'top performers across the firm' will reportedly be paid $30m+ each. Here are the top 10 stocks with the largest short positions: Company. 5th International Search Fund Conference. 2021 The Goldman Sachs Group, Inc. All rights reserved. 12 Sep 2022 Goldman Sachs Presentation at the Barclays 20th Annual Global Financial Services Conference 18 Jul 2022 Goldman Sachs Global Head of Investor Relations Carey Halio on 2022 Second Quarter Earnings 18 Jul 2022 Goldman Sachs Conference Call on 2022 Second Quarter Results Where things are hard to do in terms of a market environment or trading strategy, we view that as a great hunting ground to find interesting and unique managers". Share. Matthew Sidman, Three Bays Capital . The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index (the "Index"). How policymakers navigate these risks, and their growth and market consequences, are Top of Mind. "Now we establish vehicles which are essentially separate accounts for managers. 5 0 obj Goldman noted that hedge funds' selling of tech stocks is driven almost entirely by long sales, in contrast to mainly short sales seen in the last two months of 2021. If it is exceeded then our discipline is to typically redeem. Bob Atchinson, Adage Capital Management . "For the legacy managers we must understand how they themselves allocate to strategies," explains Ms. Pinnavaia", but their flexibility and potential to act quickly is very useful. At the moment GSHFS has a number of areas under the microscope. Anthony Annino, RiverRock Funds. Financial. Both qualitative and quantitative criteria are factored into the manager selection process at GSHFS. Prior to joining the firm, Erin worked at Citi for 11 years, where she worked in various roles within the Fixed Income Syndicate business, and as an Equity Franchise and Derivatives salesperson, covering both hedge fund and institutional clients. The key macroeconomic question of the year has been whether inflationary overheating can be reversed without a recession. Goldman Sachs has led the charge in cutting jobs in Hong Kong, but rivals are expected to follow suit in the coming weeks. Thank you for subscribing to BRIEFINGS: a newsletter from Goldman Sachs about trends shaping markets, industries and the global economy. Goldman Sachs Researchs economists offer insight into these questions and more. Hedge Fund Strategies is currently invested with only one volatility trading fund, and generally avoids short option strategies. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Goldman Sachs CEO David Solomon on the Economy, Markets and the Firms Performance, Investors Expect Equity Capital Markets Activity to Double This Year, Chinas Reopening is Poised to Boost Global Growth, A Deal on the Debt Limit is Likelybut Not Without a Lot of Uncertainty, Frances 2023 Outlook Hinges on Energy, Inflation, and Government Reforms, The Global Economy in 2075: Growth Slows as Asia Rises. In looking at the sizing of allocations to managers within funds of funds, GSHFS considers the risk and return characteristics of each manager, including the average expected volatility of returns, drawdown patterns and liquidity and leverage characteristics as well as their asset capacity limits and constraints. It was not just a futures trading house, but was more of a mini-version of Engelhard or Cargill trading in futures and the underlying physicals in their various forms, such as cocoa beans, cocoa powder, cocoa butter and press cake. GSHFS has clearly been very successful at running both broadly diversified funds of hedge funds as well as niche strategies for clients. Send. A group of hedge funds' favorite stocks staged a fierce comeback in the new year with a double-digit return, according to Goldman Sachs. Explore Goldman Sachs Asset Management's key themes of 2022 and the potential sources of attractive returns they could create. The summary prospectus, if available, and the Prospectus contain this and other information about a Fund and may be obtained from your authorized dealer or from Goldman Sachs & Co. LLC by calling (retail1-800-526-7384) (institutional1-800-621-2550). In this episode of Exchanges at Goldman Sachs, Jan Hatzius, head of Goldman Sachs Research and the firms chief economist, and Dominic Wilson, Senior Advisor in the Global Markets Research Group, explain why they believe the U.S. can avoid a recession and how the economic landscape is improving in Europe and China in 2023. Prior to assuming her current role, Ms. Pinnavaia was Co-Head, Hedge Fund Strategies, Europe, responsible for hedge fund manager selection across Europe and Asia, with a particular focus on Equity Long/Short managers. With over 20,000 white papers, Savvy Investor is the world's leading research network for institutional investors. Below you will find a directory of events for hedge fund investors and hedge fund professionals. The way they have gone about it says a lot about their way of operating. Popular longs have outperformed the most concentrated shorts in most sectors but lagged the broad market. This is particularly true as demand has shifted. A wide range of investors think activity in equity capital markets will double in 2023 from the year before, when markets were beset by volatility, according to Goldman Sachs Annual Equity Capital Markets Investor Survey. She subsequently moved to the Investment Management Division, focusing on Wealth Manage-ment for Ultra High Net Worth Individuals. Goldman Sachs economists and strategists share insights on macro trends shaping the global economy. The 2022 SEM Conference was back and in-person again for the first time in three years. While it is based on information believed to be reliable, no warranty is given as to its accuracy or completeness and it should not be relied upon as such. ", GSHFS has been a commercial success and is now amongst the largest fund of funds in the world. "In terms of strategy we won't necessarily be looking only for a straight forward long/short strategy within India," discloses Pinnavaia. But GSHFS staff members also do the other things that single out Goldman Sachs as a place to work the willingness of senior employees to give time to juniors, and the time given to training. Amazon.com Inc. "While the concentration of the most popular positions in growth stocks and the Info Tech sector has been a headwind for most of the last two years, those tilts have been boons so far this year alongside a sharp momentum reversal," Ben Snider, equity strategist at Goldman, said in a note. We would like to take an exposure with a manager that looks at special sits or is engaged in more structured types of transactions in India right now. GSHFS shares some of the style of operating of the parent company. The environment ahead may be more challenging for holders of long-only equity. Hedge funds are piling back into their favorite stocks amid rising uncertainties in the stock market, according to Goldman Sachs. What makes the US likely to avoid recession in 2023? What countries are likely to power global growth in the decades to come? What are the long-term trends shaping the global economy? "When we first commenced our diligence they were experiencing a 20% drawdown. "We haven't run into problems because of our size," asserts Ms. Pinnavaia. Whats Ahead for Economies and Markets in 2023? GSHFS then has the ability to minutely examine what the manager does and how they do it with the vehicle over whatever time-frame and frequency of analysis is relevant for the style. Performance is net of management fee and override for GS funds. 2023 CNBC LLC. by David Rothnie 13 October 2022 3 minute read. Hedge Funds Real Estate Infrastructure Managed Futures View All Variable Insurance Funds U.S. Equity International & Global Equity Emerging Markets Equity Taxable Fixed Income Multi-Asset Global Listed Real Assets Investment Ideas Why Calvert ETFs 1GT: Climate Investing Reinvented Ashbridge Strategy Further, both UHNW clients and institutional investors that use equity derivatives have a preference for developing a relationship with their service providers, whether in asset advisement or structuring. "For certain sorts of investors there are issues of admissibility of the assets, and the Goldman Sachs Dynamic Opportunities Limited is one solution for them. In the latest episode of Exchanges at Goldman Sachs, Kevin Daly, co-head of the economics team covering Central & Eastern Europe, the Middle East and Africa, discusses the team's long-term projections and the continued convergence between emerging and developed market economies. Our biggest and longest standing conference in the region, targeting ultra-high-net-worth investors, entrepreneurs and C-suite executives. But is that optimism premature? Is it Time to Invest in Emerging Markets? 2023 Alternative Investment Outlook (Wellington Management) . For GSHFS, with a history of early allocations to managers now considered titans of the industry, the legacy managers have tended to evolve into large multi-strategy managers. <> - No Bank Guarantee In this context Event-Driven includes High Yield/Distressed, Special Situations, and Risk Arbitrage. The sheer number of new funds is one of them. Bloomberg suggests that the traders in question are based in Goldman's commodities division, which generated $2.2bn in revenues in 2021, up from just $300m at its nadir in 2017. 2022 Advanced Topics in Hedge Fund Practices Conference 2022 Advanced Topics in Hedge Fund Practices Conference Manager and Investor Perspectives Now in its 15th year, the series will cover current topics that are important to managers of hedge funds and investors in hedge funds. And it's the net increase which determines the overall number of Goldman partners, not the gross. When Nadja Pinnavaia, now Head of Hedge Fund Strategies for Europe and Asia (ex-Japan), part of GSHFS, joined Goldman Sachs in 1995 the firm had more idea of what she was to do than she did herself. The early evidence is good, as that part of the client base that were early movers into hedge funds are using GSHFS to implement the evolution away from broad diversified products into customisation and niche investments. AVCJ Private Equity & Venture Forum - Australia & New Zealand (Sydney) 7-9 Mar 2023. A different kind of pitch. Goldman Sachs Stephan Feldgoise and Mark Sorrell, co-heads of the global mergers and acquisition business in the Investment Banking Division, explain the drivers behind the deal-making activity and the outlook for 2022. The second big trend is a new demand for niche and opportunistic investments." This material is intended for educational purposes only and is provided solely on the basis that it will not constitute investment advice and will not form a primary basis for any personal or plans investment decisions. Hedge funds regularly mark their portfolios to market. 08; June 2022. h 09:30 . Please refresh the page and try again. Will Congress pass any reconciliation package this year? Find Your Alpha Dmitri Alexeev, Ph.D. on LinkedIn: Goldman Sachs Hedge Fund VIP ETF 2022 Review Meta rebounded to number three on the list after falling out of the top five last quarter for the first time since 2014. On the other hand, Goldman's Hedge Fund VIP basket, which tracks the most popular long positions of hedge funds, was down by over 29% year-to-date, lagging the S&P 500 by 13 percentage. A well-rounded view of volatility (traded and realised or historic) also emerges from time spent in equity derivatives this is particularly pertinent for an understanding of convertible bond arbitrage, and obviously the newer strategy of volatility trading. Whats Ahead for Global Economies and Markets in 2022? NEW YORK - November 17, 2022 - Blackstone (NYSE:BX) announced today that Stephen Schwarzman, Chairman, CEO and Co-Founder, is scheduled to present at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7, 2022 at 12:20pm ET. Is It Time to Switch from Stocks to Bonds? The Wall Street bank analyzed the holdings of 758 hedge . Could 0DTE Options Be The Cause Of The Next Market Meltdown. What's in store for economies and markets in 2023? Goldman analyzed 786 hedge funds with $2.3T of gross equity positions and 548 mutual funds with $2.5T of AUM at the start of 4Q 2022. Consumption is likely to directly benefit from economic reopening, and they also expect capex to remain firm on the back of pent-up demand, labor shortages due both to demographics and reopening, and supply chain rebuilding. The firm began by trading in commodities across the spectrum. Over the years, CC gained a reputation for identifying and cultivating some of the best trading talent in the industry including Paul Tudor Jones and Bruce Kovner. co-chairs and members of our host committee for the 2022 Conference: 2022 Co-Chairs. We want to find people doing interesting things in markets, that is our task.".