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GSAM’s niche bet on shale gas raises US$500 million from Asia’s high net worth investors

In the midst of the fund selectors’ search for broader strategies such as unconstrained bond funds and multi-manager strategies, Goldman Sachs Asset Management (GSAM) has stuck its neck out, introducing a US shale gas portfolio that managed to attract more than US$500 million from Asia’s private banking clients. GSAM’s North American Shale Revolution & Energy Infrastructure fund, managed by 14-year…

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