Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Goldman Sachs AM unveils absolute return EMD strategy

Goldman Sachs AM unveils absolute return EMD strategy

Goldman Sachs Asset Management has bolstered its emerging markets range with the launch an absolute return fund, Citywire Selector can reveal.

The Goldman Sachs Emerging Markets Absolute Return Bond Portfolio will be managed by GSAM’s global EMD team which currently supervises around $45 billion globally.

Officially launched November 21, the fund aims to have the flexibility to invest opportunistically across the complete EMD spectrum with a focus on downside risk, as well as controlling top level factor exposure to macro shifts.

Commenting on the launch, a spokesperson for GSAM said: 'The strategy will aim to provide traditional EMD exposures, but with a more flexible approach to overall EMD market beta by combining directional and relative value ideas.

'The team has been successfully managing benchmarked emerging market debt in excess of 17 years, outperforming the external benchmark in 15 of those years.

'We believe this will give investors exposure to emerging markets without the typical market cycle volatility of a benchmarked approach.'

The fund is registered for sale in the UK, Spain, Finland, Italy, Luxembourg, Netherlands, Norway, Portugal and is set to become available in other European markets in due course.

The fund will be available to both retail and institutional clients.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Luxembourg Forum

    Citywire Luxembourg Forum

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2017

    Citywire Italy 2017

  • Citywire Berlin 2017

    Citywire Berlin 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Professional Buyer

    Citywire Professional Buyer

  • Citywire Madrid 2017

    Citywire Madrid 2017

  • Citywire Switzerland Retreat 2017

    Citywire Switzerland Retreat 2017

  • Citywire Amsterdam 2017

    Citywire Amsterdam 2017

  • Citywire Frankfurt 2017

    Citywire Frankfurt 2017

  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016