GSAM News And Media
GSAM News And Media 12/16/16
NEW YORK, NY December 16, 2016 – Goldman Sachs Asset Management (“GSAM”) today announced the launch of the Goldman Sachs GQG Partners International Opportunities Fund (Class A Share: GSIHX). The long-only fund will be managed by Rajiv Jain, a 25-year investment industry veteran and Chairman and Chief Investment Officer of GQG Partners LLC (“GQG Partners”). Goldman, Sachs & Co. LLC will serve as the distributor for the Fund.
The Fund seeks to invest in a concentrated group of high-quality companies that GQG Partners believes are reasonably priced across developed and emerging markets. GQG Partners’ active strategy adjusts the Fund’s portfolio in changing market conditions and seeks to take less risk than—but still outperform—comparable international funds over a full market cycle.
“Many investors need more international exposure in their portfolios as well as a focus on achieving long-term results,” said Rachel Schnoll, Managing Director, Head of Product Strategy at GSAM. “Rajiv has become a trusted partner of the firm, helping to manage our clients’ assets for almost a decade. And we believe his investment strategy will further help clients achieve their long-term goals.”
GQG Partners is a boutique investment firm focused on global and international equities. Prior to the founding of GQG Partners, Mr. Jain was the Chief Investment Officer of Vontobel Asset Management.
“With its global reach, commitment to excellence, and client-focused culture, GSAM is the ideal strategic partner for GQG Partners,” said Mr. Jain. “GSAM’s reach and scale will allow a broader spectrum of investors across the U.S. and the rest of the world to gain better access to our capabilities.”
About Goldman Sachs Asset Management
GSAM is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS), which supervises approximately $1.15 trillion in assets as of September 30, 2016. Goldman Sachs Asset Management has been providing discretionary investment advisory services since 1988 and has investment professionals in all major financial centers around the world. The company offers investment strategies across a broad range of asset classes to institutional and individual clients globally. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
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