Goldman Sachs Asset Management (GSAM) and GQG Partners have teamed up to launch an international equity fund.
The Goldman Sachs GQG Partners International Opportunities Fund will be managed by Rajiv Jain, a 25-year investment industry veteran and chairman and chief investment officer of GQG Partners Partners. Goldman, Sachs & Co. will serve as the distributor for the fund.
The long-only fund seeks to invest in a concentrated group of high-quality companies that GQG Partners believes are reasonably priced across developed and emerging markets. GQG Partners’ active strategy adjusts the fund’s portfolio in changing market conditions and seeks to take less risk than—but still outperform—comparable international funds over a full market cycle.
“Many investors need more international exposure in their portfolios as well as a focus on achieving long-term results,” said Rachel Schnoll, managing director, head of Product Strategy at GSAM.
“Rajiv has become a trusted partner of the firm, helping to manage our clients’ assets for almost a decade. And we believe his investment strategy will further help clients achieve their long-term goals,” she added.
GQG Partners is a boutique investment firm focused on global and international equities. Prior to the founding of GQG Partners, Jain was the chief investment officer of Vontobel Asset Management. He was selected as Morningstar’s International-Stock Fund Manager of the Year in 2012.1
“With its global reach, commitment to excellence, and client-focused culture, GSAM is the ideal strategic partner for GQG Partners,” Jain said. “GSAM’s reach and scale will allow a broader spectrum of investors across the US and the rest of the world to gain better access to our capabilities.”