GSAM launches Japan long/short fund

The Japan Flex fund, which operates using a long/short strategy and utilises UCITS III powers, aims to achieve excess returns similar to traditional high alpha funds, while also offering lower volatility relative to the benchmark. Alex Fletcher, co-head of sales for Europe, the Middle East and Africa at Goldman Sachs, said: “We are delighted to add another fund to our stable of Flex funds launched in August last year.” The new fund will follow the same investment process as the other Flex offerings by attempting to achieve 135pc long exposure and up to 35pc short exposure. The 35pc ad...