Goldman Sachs sees institutional interest in sector investing

Goldman Sachs Asset Management launched a suite of global sector funds last month, and as part of the global roll-out, brought London-based Susan Noble, head of global equity product management, to Asia to tell clients about it. Her stops included Taiwan and Hong Kong, while a colleague visited Tokyo and Singapore. Noble met with retail, private and institutional clients. To date, sector investing has been a retail phenomenon. But she found Asian institutions have accepted the philoso…