Why Is Goldman Sachs Reducing Emerging Market Exposure?

By John F. Heerdink, Jr.
it was reported this week that Goldman Sachs Asset Management is reducing their “excess exposure” to emerging market currencies, debt, and U.S. corporate credit, due to the strained trade relationship between two global powers the United States and China. The bank said the decision is here to stay until further events for the US-China trade relation gains clarity. The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. To learn more about The Goldman Sachs Group, Inc. and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here!


Goldman Sachs Asset Management trims exposure to emerging market FX, debt on trade tensions

Goldman Sachs Asset Management said it had scaled back overweight exposure to emerging market currencies and emerging market debt, citing heightened trade tensions. Sentiment steadied somewhat after U.S. President Donald Trump softened his rhetoric over the past two days. After strong early-2019 performance.. in.finance.yahoo.com
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