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GSAM looks to short duration EM bonds

The firm’s latest fund seeks to add fixed income diversification and lower volatility

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Jassmyn Goh

Goldman Sachs Asset Management has launched its Emerging Markets Short Duration Portfolio to reduce volatility and capture yields.

The fund will provide access to fixed income securities from emerging market sovereign and corporate issuers with an average duration of two years.

GSAM emerging market debt portfolio manager, Angus Bell, said: “We believe this portfolio provides investors with a thoughtful approach to generating attractive investment returns whilst actively mitigating risks through diversification and by avoiding lower rated issuers”.

The Luxembourg-domiciled portfolio will be managed by the global emerging markets debt team, and is a sub-fund of the Ucits-qualifying Goldman Sachs Funds Sicav.