Equities  

GSAM launches long/short global equity fund

GSAM launches long/short global equity fund

Goldman Sachs Asset Management has launched a Global Equity Long Short Portfolio available to UK retail investors.

The portfolio will be run by the Goldman Sachs Investment Strategies (GSIS) portfolio management team, which is headed by Raanan Agus and Kenneth Eberts.

The GSIS team currently manages $5.6bn in global opportunistic equity long/short strategies, but the new fund will be the first available to UK retail investors.

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Goldman Sachs said the new fund would look to reduce market risk and limit volatility through investing in high conviction ideas.

The firm said: “We strive to build a portfolio with low directional exposure to equity markets and the flexibility and nimbleness to generate attractive performance in any market environment.”