GSAM readying global multi-asset proposition

Goldman Sachs Asset Management is building a global multi-asset proposition for retail and smaller institutional investors, most likely based out of London. The fund house – with $735 billion in global AUM as at end-2012, of which 13% is sourced from Asia Pacific – has recognised that such a packaged solution is a gap in its product suite that it is now looking to fill. It is likely to use a multi-asset fund solution to target primarily retail but also smaller institutional clie…