Terence Lim to run sales for GSAM in Korea

Goldman Sachs Asset Management is well known in Korea for running large institutional portfolios, but does not yet have a retail presence. That may be set to change with the return of Terence Lim in the newly created post of co-chief executive. Lim will work alongside co-CEO Kevin Cho to head GSAM's sales and marketing effort on both the institutional and retail side in Korea. Cho is chiefly a fixed-income portfolio manager who had also looked after the sales side while the firm's ope…