 Goldman Sachs NYSE:GS asset management arm will significantly reduce the 59 billion of alternative investments that weighed on the banks recent earnings, an executive has told Reuters in an exclusive interview. Julian Salisbury, the investment banks chief investment officer of asset and wealth management told Reuters that Goldman plans to divest its positions over the next few years and replace some of those funds on its balance sheet with outside capital, I would expect to see a meaningful decline from the current levels, Salisbury told the newswire. 