GSAM employs ‘non-traditional’ team for new fund

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Goldman Sachs Asset Management is touting the non-traditional team it has partnered with to launch a global equities fund, arguing they will bring diverse perspectives to the strategy.

The Goldman Sachs GQG Partners Global Equity Portfolio will be managed by Rajiv Jain as part of the partnership with Florida-based GQG Partners.

The investment team includes professionals from traditional finance backgrounds, but also investigative journalism and forensic accountancy, which GSAM says fosters a culture of debate and diverse insights.

“We believe that including non-traditional perspectives in our bottom-up approach allows us to see things other investors may miss, a belief reinforced by experience successfully navigating two 20 per cent plus drawdowns and a 50 per cent plus drawdown in the global equity market,” says Jain.

The portfolio will invest in 35 to 70 companies from developed and emerging markets using an unconstrained approach. 

GSAM head of international third part distribution Nick Phillips says Jain is a trusted partner of the firm, who has helped to manage clients’ assets for the last decade.

“Many investors require more global diversification in their equity portfolios as well as a focus on achieving long-term results,” says Phillips.