Deals & People February 29, 2012

Pensionmark Expands Adviser Network

Mary Francisco joined Pensionmark Retirement Group in its Santa Barbara, California corporate office.
Reported by

The affiliation will allow Francisco, who was previously a Merrill Lynch President’s Club adviser, to maintain an independent practice while partnering with Pensionmark.

The company recently completed a 2,500-square-foot addition to the Santa Barbara location.

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Products February 29, 2012

GSAM Launches Managed Futures Strategy Fund

Goldman Sachs Asset Management, L.P. (GSAM) launched the Goldman Sachs Managed Futures Strategy Fund. 
Reported by

The fund provides investors with an opportunity to invest in a range of globally diversified asset classes that GSAM stated can potentially generate absolute returns and reduce risk during prolonged market declines.  William Fallon, portfolio manager of the fund, and the Goldman Sachs Quantitative Investment Strategies (QIS) team will seek to generate attractive risk-adjusted returns from market trends.

“Managed futures strategies have historically provided a diversifying pattern of returns that behave differently than most traditional asset classes and alternative investment strategies,” said Glen Casey, managing director and head of Product Strategy and Development at GSAM.  “This diversification offers the potential to reduce portfolio risk and increase return, including the potential to offer strong performance in extreme up or down markets.”

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The fund is offered in Class A and Class C Shares, both with $1,000 minimum initial investments. The fund also offers Institutional, Class R and Class IR Shares. 

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