Goldman Sachs Asset Management has launched the Goldman Sachs N-11 Equity Fund, a long-only U.S. fund that will invest in the “next eleven” countries including Bangladesh, Egypt, Indonesia, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam.

“The Goldman Sachs N-11 Equity Fund allows investors to access markets that together constitute the next set of large-population countries beyond the BRICs through a single equity investment,” said Jim O’Neill, chairman of Goldman Sachs Asset Management. “Driven by attractive demographics, rising income and increased domestic consumption, the N-11 countries could become significant contributors to global growth in the next decade and beyond.”

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