We are deeply encouraged by the growing investor demand and Government support for the burgeoning Indian ETF industry," said Sanjiv Shah, co-chief executive officer, GSAM
The investment strategy of the GSAM
Funds will remain the same as prior
Steve McGuinness, co-COO of Goldman Sachs' (NYSE: GS) Asset Management arm, GSAM
, is to leave the company.
As part of this transaction, the Imprint team will join GSAM
and continue to be based in San Francisco and maintain a presence in New York.
corporate credit driven very much by QE, and in particular in Japan with their very low interest rates," said Michael Siegel, managing director global head of GSAM
Insurance Asset Management.
O'Neill's remit is to help lead all aspects of the GSAM
business and will present his views on global investment themes.
has been providing discretionary investment advisory services since 1988 and has investment professionals in all major financial centers around the world.
GIGB tracks the Citi Goldman Sachs Investment Grade Corporate Index, which is owned and calculated by Citigroup Index LLC, using concepts developed with GSAM
, the asset management division of The Goldman Sachs Group, Inc.
As part of this transaction, key members of the Pacific Global Advisors management team will join GSAM