Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Absolute Return Multi-Asset Fund, which seeks to generate consistent, attractive returns that are less dependent on the direction of traditional markets.
The Fund invests across multiple asset classes accessing investment ideas from across GSAM with a dynamic asset allocation approach to navigate changing markets.
“In a period of increased market volatility and uncertainty, investors are looking for ways to generate differentiated returns while managing portfolio losses. By leveraging the full breadth of the GSAM’s global expertise and experience, our Absolute Return Multi-Asset Fund seeks to provide investors with a powerful tool for navigating a changing market environment,” says Jim McNamara, Head of Global Third Party Distribution for Goldman Sachs Asset Management.
“We aim to achieve consistent, attractive returns in all market conditions within an accessible mutual fund format,” says Neill Nuttall (pictured), the Fund’s Co-Portfolio Manager. “We are focused on offering investors the opportunity to diversify into alternative sources of return while remaining nimble to capture investment opportunities. GSAM’s global presence, with over 700 investment professionals based in 33 locations worldwide, enables us to benefit from global perspectives and local market insights.”
The Fund is managed by GSAM’s Global Portfolio Solutions group, the dedicated multi-asset investing team within the division. The team, which consists of over 95 professionals around the globe, has provided multi-asset class investment solutions to clients for more than 20 years and currently manages over $35 billion.
The Fund is offered in Class A and Class C Shares, both with USD1,000 minimum initial investments. It also offers Institutional, Class R, Class IR and Class R6 Shares.