Thursday, 28 July 2016
Last updated 5 min ago
Mar 11 2010 | 2:06pm ET
Goldman Sachs is bringing its U.S. absolute return fund to Spain.
The Wall Street giant has registered its GS US Equity Absolute Return Portfolio, which is UCITS III-compliant, for sale in Spain, Funds People reports. The long/short fund invests primarily in mid- and small-cap stocks with no more than two-times leverage.
Goldman Sachs Asset Management launched the fund at the end of last year. It is based on the firm’s GS Fundamental Equity Long Short Strategy.