Search results for Goldman Sachs Asset Management
AI & Enterprise
Goldman Sachs picks South Korea and Taiwan as next big AI investment wave
The next phase of gains from artificial intelligence investment could come from emerging markets rather than the United States, CNBC reported. Tim Urbanowicz, chief investment strategist for the Innovators unit at Goldman Sachs Asset Management, urged investors to look beyond their home markets. He singled out Taiwan and South Korea as key regions for AI infrastructure expansion, citing their weight in emerging market ETFs and arguing their valuation gains have been smaller than those of major U.S. tech stocks.
Games & Commerce
Kakao Games likely to adopt co-CEO system with Kim Taehwan and Lee Siwoo; extraordinary meeting set for June 22
Kakao Games plans to hold an extraordinary shareholders meeting later this month to reshuffle its board. Kim Taehwan, a vice president at LINE Games, and Lee Siwoo, the company’s chief business officer, were nominated as inside directors and could take up posts as co-CEOs after appointment. The board changes are conditional on completion of a deal that would make LAAA Investment, funded by Line Yahoo, the company’s largest shareholder.
Crypto
Goldman Sachs sees first Fed rate cut in December 2026; crypto outlook unclear
Goldman Sachs has pushed back its expected timing for the U.S. Federal Reserve’s next rate cuts to December 2026 and March 2027, citing inflation likely to remain above the 2 percent target. It expects core PCE inflation to hover around 3 percent in 2026 due to energy cost pass-through. The shift could weigh on crypto by reducing liquidity and supporting the dollar, though Bitcoin could diverge if inflation pressures intensify.