News & Analysis: Strategies, Products & Mandates - Goldman targets Britain's '...

Goldman Sachs Asset Management is gearing up for a more aggressive assault on the sub-advisory markets of the UK and northern Europe.

The firm has poached David Curtis from Merrill Lynch Investment Managers to spearhead sub-advisory sales operations in the region's underexploited insurance company sector.

Mr Curtis, whose chief focus was sub-advisory mandates in his role as co-head of UK third-party retail sales at MLIM, will report to Nick Phillips, GSAM's head of third-party distribution.

He challenged the common view that the sub-advisory market