Five thematic investment funds aimed at retail investors in Singapore have been launched by Goldman Sachs Asset Management (GSAM).
The funds cover fixed income and equities strategies and a number of investment themes that have become more popular as a result of Covid-19.
These include environmental sustainability, healthcare and technology on the equities side; and Asia high yield bonds and global income bonds on the fixed income side.
Previously available only to private banking and institutional investors, the funds have been approved by the Monetary Authority of Singapore (MAS) to be sold in the retail market.
GSAM now has a total of 27 funds available to Singapore’s retail investors.
“As Singapore investors become more savvy with their investment portfolios and preferences, we are pleased to further expand our retail offerings in Singapore,” said Daphne Chan, chief executive for GSAM Singapore and head of its south and south east Asia client business.
© 2021 funds global asia