Goldman Sachs unexpectedly announced that Chris Lvoff, comanager of Goldman Sachs Income Builder since February 2019, will leave the firm in June 2021. Neill Nuttall, CIO of the firm’s multi-asset group, has replaced Lvoff on the fund’s management roster and assumed his responsibilities on the strategy.
Will GKIRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GKIRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GKIRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GKIRX’s parent organization’s priorities and whether they’re in line with investors’ interests.