Goldman Sachs reported record-high assets under supervision of $2.81 trillion in the fourth quarter of 2023, up 5% from the previous quarter and up over 10% year over year, a boon to its Asset & Wealth Management division.
According to the Goldman Sachs earnings report published Jan. 16, $2.08 trillion of the firm's assets under supervision were in long-term products: $1.1 trillion in fixed income, $658 billion in equities, and $295 billion in alternatives. The firm reported having $737 billion of its assets under supervision in liquidity products.