U.S. Republican presidential candidate and U.S. Senator Ted Cruz speaks during a campaign stop at one of former U.S. Senator Scott Brown's "No BS Backyard BBQ" events in Rye, New Hampshire January 19, 2016. REUTERS/Brian Snyder
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A Reuters analysis of the financial disclosures of the 12 Republicans left in the race to be the party's candidate in the November presidential election shows that funds run by Goldman have been a favorite investment destination for them.Eight of the Republican presidential hopefuls, Trump, Cruz, Ben Carson, Jeb Bush, John Kasich, Carly Fiorina, Chris Christie, and Jim Gilmore said in financial disclosures that were largely filed between June and August last year that they had owned Goldman funds or Goldman stock, and in some cases both.Goldman also declined to discuss how the candidates came to own the funds, other than to point out that most of them are available through other firms as well as through Goldman.Many of the funds that the Republican candidates have invested in at Goldman, Vanguard and other fund companies are plain vanilla U.S. stock and fixed-income funds available to other investors.Ted and Heidi Cruz, for example, owned several high-yield funds, an Asian equity fund, an investment in Goldman Sachs shares, and what appears to be an emerging markets debt fund.
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