Goldman Sachs Asset Management (GSAM) is adding three fixed income funds to its Luxembourg Sicav. ...
Goldman Sachs Asset Management (GSAM) is adding three fixed income funds to its Luxembourg Sicav.
GSAM has made the products available to retail investors through intermediary distributors. According to GSAM, the minimum investment and charges will depend on the distributor.
The three funds include the GS Global Fixed Income Plus portfolio, the GS Euro Fixed Income Plus portfolio and the GS Sterling Broad Fixed Income Plus portfolio and will have the ability to use derivatives as an investment strategy.
Iain Lindsay, managing director and senior portfolio manager of the global fixed income and currency team at GSAM, said: "Due to the Ucits III legislation, this is the first time mutual fund clients can access our expertise in less constrained fixed income investing."
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