Goldman Sachs Asset Management is seeking to woo retirees with the launch of three multi-asset funds designed to meet a series of risk profiles.
The Wealthbuilder Multi-Asset Funds - the group's first foray into the multi-asset retail space - are designed to reduce reliance on equities for returns. The new range will offer exposure to high yield bonds, emerging market debt, small-caps and passive funds. It will also take tactical views in order to exploit inefficiencies in the markets. The SICAV funds will be managed by a 70-strong global portfolio solutions team headed by Raymond Chan and David Copsey. It will also be overseen by recently-recruited co-chief investment officer Neill Nuttall and global portfolio solutions inter...
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