‘ Goldman Sachs ’

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
Solactive launches US investment grade corporate bond index

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.



Goldman Sachs ETF to track most widely held US equities of hedge funds

Nov 3rd, 2016 | By
Goldman Sachs launches hedge fund strategy ETF

Goldman Sachs Asset Management (GSAM) has unveiled an exchange-traded fund which tracks the 50 US equities that are most recurring in the top 10 positions across a wide range of US-based hedge funds. The ETF thereby provides investors with a cost efficient means of accessing the highest-conviction ideas of some of the best managers in the hedge fund industry. Michael Crinieri, Head of ETF Strategies at GSAM, commented: “We’re thrilled to be able to package these high conviction investment ideas from a broad array of professional investors into a cost effective, tax-efficient and convenient ETF wrapper.”



Goldman Sachs launches ultra short-term Treasuries ETF

Sep 16th, 2016 | By
Goldman Sachs debuts first fixed income Treasuries ETF

Goldman Sachs Asset Management (GSAM) has launched its first fixed income exchange-traded fund, the Goldman Sachs TreasuryAccess 0-1 Year ETF (NYSE Arca: GBIL), providing exposure to the short-term US Treasury market. Michael Crinieri, GSAM’s Global Head of ETF Strategies, commented: “The bond trading environment has become more complicated. We wanted our first fixed-income ETF to provide investors a low cost way to obtain the credit quality and income they look for in the Treasury markets, but with greater transparency and ease of use.”



Goldman Sachs rolls out European and Japanese smart beta equity ETFs

Mar 8th, 2016 | By
Goldman Sachs unveils ‘Access’ ETF series with corporate bond fund launch

“The expansion of our ActiveBeta suite of ETFs demonstrates our commitment to providing ETF investors with true diversification through multi-factor solutions across the globe,” added Gary Chropuvka, Head of Customized Beta Strategies within the Quantitative Investment Strategies team. “As investors continue to demand a shift away from traditional exposures, we continue to look for opportunities abroad.”