Goldman Sachs Asset Management (GSAM) has soft closed the GS Global Small Cap Core Equity Portfolio.
The fund, managed by Osman Ali (pictured) and the firm’s quantitative investment strategies (QIS) team, closed to new investors on 16 November after reaching $650m in assets under management.
It invests in global small cap companies using a fundamental and quantitative process and sits within the broader $6bn global and international small cap strategies, run by the QIS team. Overall, the QIS team has assets under supervision of more than $165bn.
According to FE data, the fund has returned 2.6%, 54.5% and 74.6% in sterling terms over one, three and five years, respectively, versus the IA Global sector’s 1.5%, 42.6% and 55.1%.
Nick Phillips, head of GSAM’s international retail business, said: “GSAM’s QIS team has been applying innovative quantitative techniques to inform investment decisions for over 30 years. The soft-closure reflects strong client demand and is a testament to the team’s proven investment process.”
Javier Rodriguez-Alarcon, head of the QIS team in EMEA, added: “Innovation is at the core of our investment philosophy. We remain focused on identifying cutting-edge insights to help our clients stay ahead of the curve.”
