Letter to ShareholdersPromoting and Protecting Shareholder InterestsDefining Client RelationshipsDefining TeamworkDefining DeterminationOur Core BusinessesFull Financial SectionCorporate Information
Back to 2002 Annual Report Home Goldman Sachs
 
 
 

ZORGVERZEKERAAR VGZ (VGZ) —
GLOBAL COORDINATION AND DETERMINATION

Our clients reap the benefits of the diversification of Goldman Sachs Asset Management, and as we work more closely with them, those benefits increase proportionately.

1/4
>
 


For five years, the Goldman Sachs Asset Management team served as one of four portfolio managers for VGZ, one of the largest specialized health insurance companies in The Netherlands. When VGZ decided to elect a sole fiduciary manager last year, approximately 15 firms competed.

2/4
<>
 


Our client relationship team in London and our portfolio teams in New York set to work to reaffirm our investment capabilities and our commitment to VGZ. After a lengthy selection process, Goldman Sachs was chosen to serve as VGZ's sole fiduciary manager.

3/4
<>
 


Taking on VGZ's approximately €1 billion account required the seamless integration of our asset allocation, benchmarking, risk budgeting, manager selection and manager monitoring capabilities. This kind of inter-product and cross-regional effort is made possible through the dedicated teamwork that characterizes Goldman Sachs.

4/4
<
return to intro VGZ Teams
  previous  previous  |  next  next