NEW YORK—Goldman Sachs Asset Management has reduced the Russian exposure in its GQG international equity fund to about $222 million, according to a statement and a spokesperson, down from over $1.7 billion six months ago. The Goldman Sachs GQG Partners International Opportunities Fund was 0.99 percent exposed to Russia as of the end of February, Goldman Sachs said in a statement on its website, with holdings in Lukoil, Rosneft, and Gazprom. The fund is Goldman’s only fund with Russian exposure, according to data from research firm Morningstar on the top 100 open-end and exchange-traded funds worldwide in terms of estimated U.S. dollar exposure to Russian securities. “Coming into 2022 we saw attractive growth opportunities and valuations in many Russian companies,” the firm said. “The actions by the Russian government this year began to outweigh the positive fundamentals we were seeing in many companies. We have been reducing our exposure to …