Key Takeaways
- • Goldman Sachs has named Farshid Asl and Matt Weir as co-heads of its Investment Strategy Group, succeeding Sharmin Mossavar-Rahmani, according to an internal memo seen by Reuters on September 10, 2026.
- • Mossavar-Rahmani, who also served as chief investment officer of Wealth Management, will retire later this year after three decades at the bank.
- • Mossavar-Rahmani joined Goldman as a partner in 1993 after working at Fidelity Management, where she was chief investment officer for fixed-income accounts.
- • Both Asl and Weir have spent two-decade careers at Goldman Sachs; Weir most recently was managing director of the Investment Strategy Group within Asset & Wealth Management.
- • The transition comes as Goldman reported a 20% rise in second-quarter asset and wealth management revenue in July.
Summary
Goldman Sachs has named Farshid Asl and Matt Weir as co-heads of its Investment Strategy Group (ISG), succeeding Sharmin Mossavar-Rahmani, according to an internal memo seen by Reuters on Thursday, September 10, 2026.
Mossavar-Rahmani has led the Investment Strategy Group and served as chief investment officer of Wealth Management. She will retire later this year after three decades at the bank, the memo said. She joined Goldman as a partner in 1993 after working at Fidelity Management, where she was chief investment officer for fixed-income accounts.
Both successors have had two-decade-long careers at Goldman Sachs. Weir most recently served as managing director of the Investment Strategy Group within Asset & Wealth Management, according to the report.
The leadership change arrives against a backdrop of strong results in the firm's wealth business. In July, Goldman reported a 20% rise in second-quarter asset and wealth management revenue, extending a strong run for the division.
Mossavar-Rahmani will work with the Investment Strategy Group and wealth management teams over the coming months to ensure a smooth transition, the memo said.
Mossavar-Rahmani has led the Investment Strategy Group and served as chief investment officer of Wealth Management. She will retire later this year after three decades at the bank, the memo said. She joined Goldman as a partner in 1993 after working at Fidelity Management, where she was chief investment officer for fixed-income accounts.
Both successors have had two-decade-long careers at Goldman Sachs. Weir most recently served as managing director of the Investment Strategy Group within Asset & Wealth Management, according to the report.
The leadership change arrives against a backdrop of strong results in the firm's wealth business. In July, Goldman reported a 20% rise in second-quarter asset and wealth management revenue, extending a strong run for the division.
Mossavar-Rahmani will work with the Investment Strategy Group and wealth management teams over the coming months to ensure a smooth transition, the memo said.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.