Goldman launches China A-share fund
GSAM offers global institutions access to its $200 million China A-share quota.
Goldman Sachs Asset Management has launched a fund investing exclusively in China A-shares. The Dublin-domiciled fund accesses ChinaÆs domestic stock market via its own license as a qualified foreign institutional investor QFII.
GSAM is one of a handful of asset managers with a QFII license, in this case for $200 million, which the firm says was oversubscribed several times. It has marketed the fund to pension funds and other institutions in Europe, Japan and other Asian countries other than...
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