Morningstar alts expert Papagiannis moves to GSAM

Will focus on liquid alternatives education as money manager launches new fixed income fund

Jan 7, 2014 @ 1:43 pm

By Jeff Benjamin

Goldman Sachs Asset Management is ramping up its alternative investments focus by bringing on industry veteran Nadia Papagiannis as director of alternative investment strategy for global third-party distribution.

Ms. Papagiannis joins GSAM from Morningstar Inc., where she served as director of alternative fund research and was instrumental in developing the coverage of alternative strategies.

In her new role, she will focus on educating clients on liquid alternatives and the role they play in portfolios.

GSAM on Tuesday also announced the launch of the GS Fixed Income Macro Strategies Fund (GAANX), which will add to the liquid-alternatives platform.

The bond fund will have the flexibility to employ leverage and shorting, and use derivatives for a strategy described as designed to generate alpha in both up and down markets.

“Fundamental changes taking place within global fixed-income and currency markets create a range of untapped investment opportunities,” said Michael Swell, co-manager of the fund. “We set out to create a fund with the potential for less correlated sources of returns, tapping high-conviction ideas across GSAM's global fixed-income team.”

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

5 tech innovations you can't afford to ignore

Technology innovation is always top of mind at Pershing. What does Pershing have on tap for 2018 and beyond.

Latest news & opinion

Mutual funds feel the pinch of platform fees

No-transaction-fee options are a big hit with investors, but funds wind up paying the costs — and passing them on.

Divorce reduces retirement readiness

The new tax law could increase financial challenges for divorced people, but planning opportunities abound.

Merrill Lynch fined $42 million for misleading customers

In addition to the practice of 'masking' trades, the wirehouse went to extremes to cover up the wrongdoing.

Advisers with billions in AUM leaving Wall Street

Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.

Wells Fargo weighs changes to wealth unit

The move would reflect the bank's effort to cut $4 billion in costs.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print