Latest news with #GSAM
Cision Canada
4 days ago
- Business
- Cision Canada
BMO Launches Alpha Managers Hedge Fund, in Collaboration with Goldman Sachs Asset Management Français
TORONTO, June 10, 2025 /CNW/ - BMO Global Asset Management ('BMO GAM') today announced the launch of its new Alpha Managers Hedge Fund ('Fund'), complementing BMO GAM's innovative suite of alternative investment strategies for accredited investors. The new fund combines high-conviction strategies from global hedge fund managers and aims to deliver alpha, low volatility and less correlated returns to traditional asset classes. BMO GAM's Alpha Managers Hedge Fund portfolio was designed in collaboration with Goldman Sachs Asset Management ('GSAM') and draws upon the combined expertise of the two firms to deliver a well-diversified absolute return strategy to eligible Canadian investors. The Fund's investor-friendly evergreen structure allows for a convenient access to top performing strategies and hedge fund managers, in a "one-stop" evergreen format, available for purchase and rebalancing monthly. "This is an exciting collaboration for BMO GAM, as we continue to develop and expand our Alternative investment offerings with innovative solutions that bring private markets and hedge fund investment strategies to even more investors across Canada," said Sara Petrcich, Head, ETFs & Alternatives, BMO GAM. "The Alpha Managers Hedge Fund, in collaboration with GSAM's External Investing Group (XIG), generally seeks to feature proven fund managers, with low volatility, low beta and low correlation strategies, which is what many clients are telling us they want in their portfolio, as they seek to diversify from traditional asset class exposures." "Investors are looking to hedge funds for alpha generation as volatility and performance dispersion increase. Hedge funds can offer skill-based, uncorrelated returns in liquid form, but there are thousands of managers to choose from and access to compelling investment managers are often open to only a select few. GSAM has decades of experience in identifying and forging partnerships with elite third-party investment managers and delivering them to clients in portfolios customized to their investment objectives and risk tolerances. We look forward to working with BMO," said Kyle Kniffen, Global Head of Alternatives for Wealth at Goldman Sachs Asset Management. Alpha Managers Hedge Fund draws on the expertise of GSAM's External Investing Group (XIG), one of the largest external hedge fund platforms in the world. XIG's platform, with expertise and global scale across the risk, return and liquidity spectrum, allows the creation of a tailored and dynamic solution on the back of a highly discerning manger selection process. The portfolio is designed to help mitigate market risks, using high conviction hedge fund managers and seeking to deliver investment alpha across market environments. Alpha Managers Hedge Fund complements BMO GAM's alternative investment offerings, which include BMO Carlyle Private Equity Strategies Fund and BMO Partners Group Private Markets Fund. For more information regarding alternative investments at BMO GAM, please visit: BMO Global Asset Management Alternative Investments About BMO Financial Group BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society. About Goldman Sachs Alternatives Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.2 trillion in assets under supervision globally as of March 31, 2025. Disclaimers The information provided herein does not constitute a solicitation of an offer to buy, or an offer to sell securities nor should the information be relied upon as investment advice. Past performance is no guarantee of future results. Certain statements included herein constitute forward-looking statements including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions. These forward-looking statements are not historical facts but reflect BMO GAM's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although BMO GAM believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. BMO GAM undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. An investment in the Fund is speculative. A subscription for units of the Fund should be considered only by persons financially able to maintain their investment and who can bear the risk of loss associated with an investment in the Fund. Prospective investors should consult with their own independent professional legal, tax, investment and financial advisors before purchasing units of the Fund in order to determine the appropriateness of this investment in relation to their financial and investment objectives and in relation to the tax consequences of any such investment. Prospective investors should consider the risks described in the confidential offering memorandum (OM) of the Fund before purchasing units of the Fund. Any or all of these risks, or other as yet unidentified risks, may have a material adverse effect on the Fund's business and/or the return to investors. In addition to the risks described in the Fund's OM, the Fund will bear the risks associated with its investment in a Cayman Islands limited liability company (the Master Fund), managed by an affiliate of The Goldman Sachs Group Inc., in proportion to the amount of the Fund's investment in the Master Fund, as the Fund will invest substantially all of its assets in the Master Fund through intermediary vehicles. Prospective investors in the Fund should therefore carefully consider the risks described under the private placement memorandum (PPM) of the Master Fund. Certain institutional investors could access the Master Fund through an intermediary fund structured as an Ontario limited partnership, the features of such investors' investment may vary from those described herein. Goldman Sachs and its affiliates are not in any way responsible for the accuracy, completeness or adequacy of the information contained herein, other than any information provided by GSAM specifically for inclusion herein. The Fund described herein is not in any way affiliated with Goldman Sachs or its affiliates. Goldman Sachs and its affiliates are not directly or indirectly involved in the management, marketing or distribution of the Fund described herein. Each potential investor understands that such potential investor is not a direct investor in a Goldman Sachs fund, has no privity of contract with Goldman Sachs or its affiliates and will not have recourse against Goldman Sachs or its affiliates. As with any alternative investment, there are risks and potential downside. Please refer to the Master Fund's PPM and any views expressed by BMO GAM regarding Goldman Sachs and its affiliates are not those of Goldman Sachs or its affiliates. BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. The Fund is managed by BMO Asset Management Inc., which is an investment fund manager, a portfolio manager and a separate legal entity from Bank of Montreal. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors. Products and services are only offered to investors in Canada in accordance with applicable laws and regulatory requirements. "BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.
Yahoo
15-05-2025
- Business
- Yahoo
Buy These 3 Goldman Sachs Mutual Funds for Excellent Growth
Goldman Sachs Asset Management (GSAM) is a world-renowned company that has been providing investment management, portfolio design and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries and geographies. As of March 31, 2025, GSAM had $3.2 trillion in assets under supervision worldwide. The fund has more than 1,800 professionals across 31 offices worldwide. The company has a team of more than 800 investment professionals who capitalize on Goldman Sachs' technology, risk-management skills and market insights. It offers investment solutions, including fixed income, money markets, public equity, commodities, hedge funds, private equity and real estate through proprietary strategies, partnerships and open architecture programs. Below, we share with you three top-ranked Goldman Sachs mutual funds, namely Goldman Sachs Small Cap Value Insights Fund GTTTX, Goldman Sachs Growth & Income Strategy Portfolio GOISX and Goldman Sachs U.S. Equity Dividend and Premium Fund GSPAX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds. Goldman Sachs Small Cap Value Insights Fund invests most of its assets in a diversified portfolio of equity investments in small-cap U.S. companies. GTTTX also invests in foreign companies whose stocks are traded in the United States. Goldman Sachs Small Cap Value Insights Fund has three-year annualized returns of 3.2%. As of October 2024, GTTTX held 489 issues, with 1.1% of its assets invested in Jackson Financial. Goldman Sachs Growth & Income Strategy Portfolio seeks long-term capital appreciation by investing themajority of its net assets in underlying equity funds. GOISX also invests in underlying dynamic funds and underlying fixed-income funds. Goldman Sachs Growth & Income Strategy Portfolio has three-year annualized returns of 6.3%. GOISX has an expense ratio of 0.69%. Goldman Sachs U.S. Equity Dividend and Premium Fund seeks to maximize income and total return by investing the majority of its net assets in dividend-paying equity investments in large-cap U.S. issuers. Large-cap issuers are defined as having public stock market capitalizations above $3 billion. The fund may also invest in securities below this capitalization threshold at the time of investment. Goldman Sachs U.S. Equity Dividend and Premium Fund has three-year annualized returns of 10%. John Sienkiewicz has been one of the fund managers of GSPAX since April 2020. To view the Zacks Rank and the past performance of all Goldman Sachs mutual funds, investors can click here to see the complete list of Goldman Sachs mutual funds. Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >> View All Zacks #1 Ranked Mutual Funds Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (GSPAX): Fund Analysis Report Get Your Free (GTTTX): Fund Analysis Report Get Your Free (GOISX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Al Etihad
24-04-2025
- Business
- Al Etihad
UAE launches 3rd edition of 'Mohammed Bin Rashid Al Maktoum Global Aviation Award'
24 Apr 2025 13:12 DUBAI (WAM)The General Civil Aviation Authority (GCAA) has announced the launch of the third edition of the Sheikh Mohammed Bin Rashid Al Maktoum Global Aviation Award, a prominent global award aimed at fostering innovation and sustainability in the aviation edition is held in collaboration with the International Civil Aviation Organisation (ICAO) following the signing of a Memorandum of Understanding between the two entities during the Global Sustainable Aviation Marketplace (GSAM) event in a total prize value of one million US dollars, the award seeks to encourage groundbreaking solutions and research that contribute to the development of Sustainable Aviation Fuel (SAF) and the overall advancement of aviation on the occasion, Abdulla bin Touq Al Marri, UAE Minister of Economy and Chairman of GCAA, said, "In line with the guidance of our wise leadership, the UAE is committed to enhancing its pioneering role in supporting innovation, and achieving a more prosperous and sustainable future for the global aviation sector. The Sheikh Mohammed Bin Rashid Al Maktoum Global Aviation Award is one of the UAE's prominent contributions in this context, as it strengthens and drives the transformation toward more sustainable aviation worldwide."He continued, "Through this edition of the award, we focus on encouraging activities and fields of scientific research and innovation, and honouring individuals and institutions that contribute to the development of sustainable aviation fuel solutions. We are confident that this award will be a key driver in expanding the horizons of international collaboration in aviation, supporting our joint efforts toward achieving a more sustainable and safer world."Saif Mohammed Al Suwaidi, Director-General of GCAA, said that this edition has been developed to reflect the deep commitment to a better future for the aviation industry. It aims to stimulate healthy competition among academic, research, and scientific institutions related to the aviation sector, and to produce innovative and actionable solutions that contribute to the sustainability of this vital aligns with the UAE's vision to support and develop the aviation sector on a global scale, he Carlos Salazar, Secretary-General of ICAO, said, "The path to net-zero aviation is achievable, and initiatives like the Sheikh Mohammed bin Rashid Al Maktoum Global Aviation Award help prove it. Every day, researchers and innovators are demonstrating that sustainable aviation is within our reach, developing solutions that were considered impossible just a few years ago."This year, the award will honour outstanding individuals, organisations, and institutions in three specific Organisations - Undergraduates: This category focuses on advancing research that accelerates the development and adoption of Sustainable Aviation Fuel (SAF) solutions. The first-place winner will receive $250,000, second place $150,000, and third place $100, Organisations - Postgraduates: This category similarly targets postgraduate academic organisations that contribute to the field of SAF solutions, offering a prize of $250,000 for first place, $150,000 for second place, and $100,000 for third Institutions: Research institutions contributing to innovative SAF solutions will be recognised with trophies and certificates for the top three categories are designed to inspire the next generation of aviation sustainability innovators while building the academic foundation for future SAF solutions. The award encourages the development of solutions that address critical issues, such as the environmental footprint of aviation, economic viability, policy support, and integration into existing aviation award is based on the evaluation of six key criteria - including innovation, feasibility, sustainability, economic potential and cost-effectiveness, business and policy impact, and infrastructure and market readiness - to ensure successful integration into existing aviation ecosystems. The GCAA invites all interested parties to submit their entries for consideration. The application details and further information are available on the official Award website.
Hi Dubai
05-02-2025
- Business
- Hi Dubai
GCAA to Host ICAO's GISS 2025 and Global Sustainable Aviation Marketplace
Abu Dhabi will host the ICAO 4th Global Implementation Support Symposium (GISS 2025) and the inaugural Global Sustainable Aviation Marketplace (GSAM) from February 10 to 12, 2025. The event, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, aims to enhance international collaboration in sustainable aviation. Organized by the General Civil Aviation Authority (GCAA), the symposium will gather over 1,500 aviation professionals from 193 ICAO member states, alongside representatives from governments, global aviation firms, financial institutions, and energy companies. Discussions will focus on AI-driven solutions and strategies to transform aviation toward sustainability. Saif Mohammed Al Suwaidi, Director General of GCAA, emphasized the event's importance, stating: 'The UAE hosting this major event reflects its commitment to a more sustainable aviation system and the development of innovative solutions to reduce environmental impact.' The GSAM, a first-of-its-kind UAE initiative, will bring together stakeholders in sustainable aviation fuel (SAF), facilitating collaboration across production, distribution, financing, and consumption. Key partners include Emirates Airlines, Etihad Airways, flydubai, Airbus, Boeing, ADNOC, Abu Dhabi Airports, and Falcon Aviation Services, among others. The event will also feature major media partners, including Emirates News Agency (WAM), Aviation Week Network, and Green Mobility Magazine. This is the first time the ICAO GISS symposium will be hosted in the Middle East, following previous editions in Istanbul, Seoul, and the Dominican Republic. The UAE's leadership in aviation sustainability will be a key highlight at this landmark event. News Source: Emirates News Agency
Bloomberg
31-01-2025
- Business
- Bloomberg
Goldman Sachs AM Seeks Up to $3 Billion for Climate Credit Fund
Alternative lending giant Goldman Sachs Asset Management is looking to raise as much as $3 billion for a new climate credit strategy, people with knowledge of the matter said. Under the West Street Climate Credit fund, GSAM will lend to corporate players in the transition to a low carbon future, such as clean energy firms and sustainable transportation providers, said the people, who requested anonymity when discussing private matters.
