Goldman Sachs Asset Management (GSAM) has launched Goldman Sachs Global Strategic Macro Bond Portfolio, a new sub-fund of the Ucits qualifying Luxembourg-domiciled Goldman Sachs Funds Sicav.
The portfolio consists of a macro-focused, alternative fixed income investment fund reflecting GSAM’s high-conviction assessment of global interest rates, currencies and emerging market debt with the aim of generating long-term absolute returns.
“Many of our clients have significant exposure to credit and therefore seek solutions with less emphasis on that sector whilst aiming to provide exposure beyond traditional asset classes,” said Nick Phillips, head of GSAM’s International Third Party Distribution business.
“The Goldman Sachs Global Strategic Macro Bond Portfolio seeks to address this by employing a number of top down-focused investment strategies including interest rates, country relative value, currencies and emerging market debt designed to assist our clients in diversifying their exposure and compliment their existing portfolio,” he adds.
The fund is offered in base and other currency shares with a $5,000 minimum initial investment.