GSAM launches short duration EMD fund

Average duration of two years

Goldman Sachs Asset Management has expanded its range with the launch of a short-duration emerging market debt (EMD) portfolio.

Managed by the firm's EMD team, the Goldman Sachs Emerging Markets Short Duration Portfolio will invest in emerging market sovereign and corporate issuers while looking to maintain an average duration of two years. UCITS compliant, the fund is available to both retail and institutional investors and is registered for sale across a number of European countries. GSAM's Teahan: They said reaching the retail market wasn't possible   Nick Phillips, head of international retail business at GSAM, commented: "Emerging market debt has long been a popular asset class for our clients for its ...