Goldman Sachs sticks with reduced management fee on flagship fund - UPDATED

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US - Goldman Sachs Asset Management said it would not raise the base fee on its Global Tactical Asset Allocation fund back to its original level until the start of next year.

In November 2007 it cut these charges from 1.5% for three share classes, and 2.5% for three others, to 1% and 1.67% respectively. The US company announced via a stock exchange filing in the wee...

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