Goldman Sachs Asset Management (GSAM) has launched a global ESG bond fund aimed at meeting “a deepening need… to achieve investment objectives with thoughtful consideration of ESG factors”.
The GS Global ESG Enhanced Income Bond Portfolio will provide investors with access to the broad global fixed income opportunity set, GSAM said, while delivering high income and long-term capital appreciation. The fund will be managed by GSAM's global fixed income team, which the firm said manages over $700bn in assets. Goldman Sachs AM launches environmental impact equity fund Portfolio manager Jonathon Orr said the fund will make "a conscious effort to avoid companies that in our view exhibit weak ESG profiles", an approach the team believes "can contribute to long-term performan...
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