‘ Goldman Sachs ’

ETF managed portfolios AUM up strongly, reports Morningstar

Jan 9th, 2018 | By
Three Vanguard ETFs switch indices to align with MSCI's sector changes

Investment research firm Morningstar has published the latest instalment of its ETF Managed Portfolios Landscape Report. The report, which covers the third-quarter of 2017, found that total assets under management in the ETF managed portfolios segment increased 7.5% to $115.0 billion. Vanguard retained its position at the top of the mountain with over $9.1bn in AUM across 44 strategies.

Factor ETFs – Eat before you pay

Dec 20th, 2017 | By
Factor ETFs – Eat before you pay

By Dr Peter Hopkins, principal, Style Research.

There are lots of ways to entice people into parting with their money – and attractive packaging and descriptions are near the top of the list. ETFs are no exception to the aggressive marketing taking place; neither are the factors that are often used to calibrate the performance of these investments. But can you really trust the products? And what should you look out for?

ETF issuers top list of world’s largest asset managers

Oct 30th, 2017 | By
ETF issuers top list of world’s largest asset managers

ETF providers have taken the top three places in a ranking of global asset managers by assets under management (AUM), according to research from risk management and investment consultants Willis Towers Watson.

Goldman Sachs launches equal-weight US large cap ETF

Sep 15th, 2017 | By
Goldman Sachs launches equal-weight US large cap ETF

Goldman Sachs has introduced the Goldman Sachs Equal Weight US Large Cap Equity ETF (Bats: GSEW) which provides access to the 500 largest US-listed equities while mitigating some of the biases inherent in traditional market cap-weighted indices.

Moody’s investigates effects of smart beta ETF price war

Sep 14th, 2017 | By
IndexIQ adjusts fees on a range of ETFs

The ongoing price war in smart beta ETF fees has the potential to negatively impact the credit ratings of traditional active asset managers as well as smart beta ETF providers, according to credit rating agency Moody’s.

Solactive launches US large cap equal weight index

Sep 14th, 2017 | By
Steffen Scheuble, CEO of Solactive

Solactive has launched the Solactive US Large Cap Equal Weight Index, a new index that tracks an equal weight exposure to the US large-cap equity segment. The index will include the 500 largest US-domiciled equities and will underlie the forthcoming Goldman Sachs Equal Weight US Large Cap Equity ETF (Bats: GSEW). Steffen Scheuble, CEO of Solactive, said: “We’re excited to once again serve as an index provider to Goldman Sachs through the creation of such a timely and unique index.”

Goldman Sachs launches smart beta HY corporate bond ETF

Sep 8th, 2017 | By
Goldman Sachs launches smart beta high yield corporate bond ETF

Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Access High Yield Corporate Bond ETF (NYSE Arca: GHYB), offering smart beta exposure to US dollar-denominated high yield corporate bond markets.

Guggenheim slashes fees on smart beta S&P 500 ETF

Jul 5th, 2017 | By
Douglas Mangini, senior managing director and head of intermediary distribution, Guggenheim Investments.

Guggenheim Investments has halved the management fee charged on its $13bn S&P 500 Equal Weight ETF (NYSE Arca: RSP), from 0.40% to 0.20% in a bid to position itself as one of the lowest cost providers of smart beta ETF strategies. Douglas Mangini, head of intermediary distribution at Guggenheim, commented: “This significant fee reduction is designed to benefit existing shareholders and acknowledge the increasing use of RSP by institutional and individual investors as a core equity holding.”

Goldman Sachs unveils ‘Access’ series with corporate bond ETF launch

Jun 12th, 2017 | By
Goldman Sachs unveils ‘Access’ ETF series with corporate bond fund launch

Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Access Investment Grade Corporate Bond ETF (NYSE Arca: GIGB), tracking the performance of US dollar-denominated investment grade corporate bonds.

Invesco to acquire ETF issuer Source

Apr 28th, 2017 | By
Martin L. Flanagan, president and CEO of Invesco

Invesco has entered into a definitive agreement to acquire European ETF issuer Source. The transaction will add Source’s $25 billion in assets under management to Invesco’s existing global ETF AUM of approximately $120 billion. “We’re excited about this opportunity to build on Invesco’s 40 years of factor investing experience and our existing PowerShares ETF business, which will significantly enhance our ability to deliver meaningful solutions to institutional and retail clients in Europe and around the world,” said Martin L. Flanagan, president and CEO of Invesco.