Bob Litterman recently retired from his position as Chairman of the Quantitative Investment Strategies group of Goldman Sachs Asset Management.

Bob is the co-developer, along with the late Fischer Black, of the Black-Litterman Global Asset Allocation Model, a key tool in the Investment Management Division's asset allocation process. Prior to moving to the Investment Management Division, Bob was head of the firmwide Risk Department. Preceding his time in the Operations, Technology & Finance Division, he spent eight years in the Fixed Income Division's research department, where he was co-director. Before joining the firm in 1986, Bob was an assistant vice president in the Research Department of the Federal Reserve Bank of Minneapolis and an assistant professor in the Economics Department at the Massachusetts Institute of Technology.

In May 2008, Bob was honored by the CFA Institute Board with the Nicholas Molodovsky Award, which is presented periodically to individuals "who have made outstanding contributions of such significance as to change the direction of the profession and to raise it to higher standards of accomplishment." Bob was also the recipient of the 2008 International Association of Financial Engineers (IAFE)/SunGard Financial Engineer of the Year Award, which recognizes individual contributions to the advancement of financial engineering technology.

Bob is a member of the board of the World Wildlife Fund. He earned a BS in Human Biology from Stanford University in 1973 and a PhD in Economics from the University of Minnesota in 1980. Bob and his wife, Mary, live in Short Hills, New Jersey.