Goldman Sachs Asset Management (GSAM) has launched an Emerging Markets Equity ESG portfolio, following client demand for ESG solutions.
The long-only fund is a new sub-fund of the UCITS-qualifying Luxembourg-domiciled Goldman Sachs Funds SICAV and will give investors exposure to emerging market companies with strong ESG credentials. It will be managed by GSAM's 30-strong emerging markets equity team, which currently manages the $3.5bn GS Emerging Markets Equity portfolio. Following the acquisition of Imprint Capital in 2015, GSAM manages more than $15bn in ESG and impact assets, managed by 30 investment professionals. BlackRock launches ESG-range of EMD funds Nick Phillips, head of GSAM's international retail...
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