Jim O’Neill, chairman of Goldman Sachs Asset Management, has decided to retire from the firm later this year.
Jim O’Neill joined Goldman Sachs in 1995 as a partner in the roles of co-head of Global Economics Research and chief currency economist. He was named head of Global Economics, Commodities and Strategy Research in 2001. In 2006, Jim joined the firm’s European Management Committee. In 2010, he took up his current role as chairman of Goldman Sachs Asset Management.
Also, hi is involved in a number of non-profit organizations. He is chairman and a founding trustee of the London-based charity SHINE and also serves on the board of Teach for All and a number of other charities specializing in education.
He is perhaps best known for coming up with the BRIC acronym in 2001, which identified Brazil, Russia, India and China as top emerging markets where investors could put their money for high returns.
