Funds News
- Changsheng Fund taps Goldman Sachs
Date: 28-Nov-2007 Sources: (Shenzhen Daily)
CHINA'S Changsheng Fund Management Co., partly owned by Singapore's DBS Group Holdings, would hire Goldman Sachs as the investment adviser for its planned US$5 billion overseas investment fund, a person familiar with the situation said yesterday. Beijing-based Changsheng was expected to sign the deal with Goldman in the near future, the source, who asked not to be identified because he was not authorized to make the disclosure, told reporters.
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