Goldman Sachs Asset Management Launches Japanese Yen Money Market Fund
Goldman Sachs Asset Management has launched the GS Yen Liquid Reserves Fund. It has been rated AAA by Standard & Poor’s. The company claims that its fund is distinguished by good credit quality, low market risk, and liquidity. Its investments will consist of securities or deposits carrying a short-term rating of at least A1 or the equivalent, with most securities rated A1+.