How Goldman Sachs (NYSE: GS) Stock Will React to Closing of BRIC Fund

Amid a challenging commodity and emerging market landscape, Goldman Sachs Group Inc. (NYSE: GS) quietly shut its BRIC investment fund last month, marking the end of an era for the investment bank. Since the move on Oct. 23, GS stock has climbed 7.3%. The fund's $100 million in assets were folded into Goldman's $322 million emerging markets equity fund. Here's why Goldman Sachs is making the move... Tags: (NYSE: GS) , Goldman Sachs , goldman sachs bric , goldman sachs bric fund , Goldman Sachs Stock , goldman sachs stock price , GS Stock , GS Stock Price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How Goldman Sachs (NYSE: GS) Stock Will React to Closing of BRIC Fund appeared first on Money Morning - We Make Investing Profitable .