Goldman Sachs Asset Management has this month axed 20 of its New York-based investment professionals from a team of 125 staff in its quantitative investment team.

Among those who have left the firm are: Constantin Filitti, Bernd Hanke and Christopher Li, who are vice presidents in the research team. Other departures include Max Belenitsky and Patrick McDonough, vice presidents; Eric Tsang, a vice president in trading and Michelle Bahk, a vice president who assisted with portfolio coordination, according to a report by Financial News.

Takahiro Komatsu, managing director, will move to another team within the company, Goldman Sachs said.