Goldman Sachs AM enters Singapore retail funds market

Goldman Sachs Asset Management (GSAM) has announced plans to launch a range of 13 investment funds to retail investors in Singapore over the next two months after receiving permission from the Monetary Authority of Singapore.

Goldman Sachs AM enters Singapore retail funds market

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Its funds were previously available only to private banking and institutional investors, and span fundamental and quantitative equities, fixed income and multi-asset.

Sheila Patel, Singapore-based chief executive of International for GSAM said: “The global market volatility we are seeing right now underscores the need for world-class investment solutions that deliver highly differentiated strategies with real diversification benefits – we look forward to meeting the needs of Singapore retail investors through this range of funds.”

Singapore is GSAM’s Asia regional investment hub. Its team of Singapore-based investment professionals has been providing investment and advisory solutions to institutions, pension funds, sovereign wealth funds and financial intermediaries since 1991. 

Goldman Sachs AM is the asset management arm of the Goldman Sachs group, and as of 31 December 2015 it managed $1.25trn (£870bn, €1.15trn).

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