Amundi to manage Goldman Sachs FS Lux funds

Goldman Sachs Fund Solutions (GMSS) is partnering with French asset manager Amundi to manage Luxembourg-domiciled funds and to expand its alternative Ucits offering.

Amundi Services, an operational platform for asset managers, will provide investment management as well as control and oversight to GMSS. It will also provide management, due diligence and monitoring services to Goldman Sachs’ Ucits platform for external alternative fund managers.

Investment management of the funds will be carried out by Amundi’s structured products team.

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