Goldman Sachs Asset Management and Rajiv Jain’s GQG Partners boutique have unveiled a global equity fund, the firms have announced.
The new strategy will invest in an unconstrained portfolio of 35-70 global companies with long-term growth prospects.
Aside from Jain, the investment team includes professionals with non-traditional backgrounds, such as investigative journalism and forensic accountancy, in order to provide diverse insights into the investment process.
The strategy will be a new sub-fund of the Ucits-qualifying, Luxembourg-domiciled Goldman Sachs Funds SICAV, and will be available for both institutional and retail clients.
In December 2016, the GQG announced a partnership with Goldman Sachs Asset Management to launch the Goldman Sachs GQG Partners International Opportunity fund, which currently has $482 million under management.
Commenting on the cooperation, the spokesperson of Goldman Sachs Asset Management said: ‘Rajiv has become a trusted partner of the firm, helping to manage our clients’ assets for almost a decade.
'Through offering global developed and emerging market equity exposure in one product, we believe his investment strategy will further help clients achieve their long-term goals.’