goldman sachs forays into multi-asset funds

Goldman Sachs Asset Management (GSAM) has launched a trio of multi-asset UCITS funds, its first offering in the multi-asset retail space.

goldman sachs forays into multi-asset funds

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The three-strand Wealthbuilder Multi-Asset Funds will chiefly invest in fixed income securities with a range of risk and return targets.

The funds in the range are the Multi-Asset Conservative Portfolio, Multi-Asset Balanced Portfolio and Multi-Asset Growth Portfolio. All three are managed by the global portfolio solutions team headed by Kathryn Koch and Neill Nuttall.

The funds are offered in a range of hedged share classes for UK, US and Europe-based investors, with initial investment minimums starting from £3,000 direct and less when accessed through investment platforms.

“We are excited to launch the Wealthbuilder funds with over $100mn of seed capital from a number of existing clients,” Koch said.

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