Goldman Sachs Dumps Emerging Markets Funds

Goldman Sachs is calling it quits in Brazil, Korea and India.

According to a report from Morningstar, the firm plans to shut down the $6.4 million Goldman Sachs Brazil Equity (GZIAX), the $2.2 million Goldman Sachs Korea Equity (GWIAX), and the $5.7 millionGoldman Sachs Indian Equity fund (GIAAX).

The funds have struggled to attract assets since their launches in spring 2011 and will liquidate at the end of November, according to Morningstar.

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