Goldman Sachs Asset Management has moved to broaden its range of clients with the launch of 11 new funds that will open up institutional strategies to retail investors. The funds will also make swaps and futures available to clients that are unable to invest directly in derivatives.
The Luxembourg-based products are compliant with the third version of rules on undertaking for collective investment in transferable securities, which allow managers to use derivatives and active currency management and commodities strategies in retail products for the first time.