MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, July 27, 2006 A 'BRIC' of Gold Goldman Sachs has made a foray into the emerging market investment business. The investment banks's asset management arm just launched the Goldman Sachs BRIC Fund, Reuters reported Tuesday. The new fund will invest primarily in companies in the "BRIC" countries: Brazil, Russia, India and China. However, the fund will also invest in companies that, despite being outside of the BRIC countries, could benefit from BRIC growth, Maria Gordon, co-head of global emerging markets equity at Goldman Sachs Asset Management, told Reuters. Printed from: MFWire.com/story.asp?s=12341 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |