What's the difference between Goldman Sachs asset mgmt and other firms like Hedge funds and investment mgmt firms? From its website, it says that GSAM applies various HF strategies too among others. How is it different from typical HFs though? Bump. Im not the most qualified to answer this, but tp my knowledge, I believe it's a traditional asset manager, like BlackRock and Fidelity, that also has a few Fund-of-Funds and Internal Hedge Funds across different strategies & asset classes.. roughly 1.4t in AUM and a solid place to be out of UG on an investments team.