Goldman Sachs MF's arbitrage schemes found no takers?

Goldman Sachs Asset Management (GSAM), the mutual fund arm of the US investment bank, has decided to wind down two of its equity schemes following poor investor response. Goldman Sachs Derivatives Fund and Goldman Sachs Equity and Derivatives Opportunities fund had assets of less than Rs 10 crore between them and were managed by fund managers Gauri Sekaria and Vishal Jain, respectively. The fund house claimed that “the advent of technology in the stock markets” has considerably reduced the

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