Key Takeaways Goldman is pursuing growth in Japan's OCIO market with a focus on asset management solutions. GS shares are up 6.6% YTD and trade at a forward P/E of 13.28X, below the industry average of 13.81X. BlackRock and Mercer are established OCIO players in Japan, intensifying competition for GS.Goldman Sachs (GS) is gaining momentum in Japan as part of its broader strategy to expand across Asia. The company’s outsourced Chief Investment Office (CIO) model has started to attract interest, signaling m ...