Goldman Sachs fund unit finds mispricing

Goldman Sachs Asset Management's Luke Barrs sees evidence that investors are ignoring opportunities to buy in the renewables sector. — Bloomberg

LONDON: A senior manager at the fund unit of Goldman Sachs Group Inc says last year’s deep sell-off of green stocks may have blinded some equity investors to the growth potential in key corners of the market.

Luke Barrs, managing director and global head of fundamental equity client portfolio management at Goldman Sachs Asset Management (GSAM), says he sees evidence that investors are ignoring opportunities to buy in the renewables sector.