Goldman Sachs Launches India Equity Funds

Goldman Sachs Asset Management launched the Goldman Sachs India Equity Fund (GIAAX), following the May 31 launch of the Goldman Sachs Korea Equity Fund (GWIAX). The portfolios seek to achieve long-term capital appreciation by investing primarily in local Indian and Korean equities.

The funds will be managed by local Goldman Sachs Asset Management International equity teams in Singapore. The funds are offered in A and C shares, both with $1,000 minimum initial investments, and they also offer institutional and IR shares.

Source: Advisorone