Schroders hires; HSBC makes a statement; GSAM’s future planet; Innovation; Space travel and ESG; AI and audits; China’s carbon; Spac performance; and much more.
Goldman Sachs Asset Management (GSAM) has gained preliminary approval to form a wealth management joint venture with Industrial and Commercial Bank of China (ICBC).
MAS has given Goldman Sachs Asset Management (GSAM) approval to sell four products to retail investors in the Lion City.
GSAM is hiring; FE Fundinfo loses; British election; UK Equity funds; iShares’s gets active; Temasek cuts out the PE middleman; Illiquid assets; QE4 and much more.
The fund has invested in companies with at least an “average” ESG rating from MSCI.
Investors should look for value in emerging equity markets, but be prepared for a bumpy road, according to Goldman Sachs Asset Management’s head of strategy.
But in Hong Kong, the firm is building its retail business and has signed Standard Chartered Bank as distribution partner.
Goldman Sachs Asset Management (GSAM) has forged an agreement with the banks to distribute GSAM’s funds to retail investors in Hong Kong.
Goldman’s income product has a new name and management team and a higher distribution yield target.
Volatility brings emerging Asia equities to overweight, according to James Ashley, head of international market strategy at Goldman Sachs Asset Management.