ALPS Advisors this week revealed that it is teaming up with Goldman, Sachs & Co. to collaborate on exchange-traded products. ALPS will license Goldman Sachs’ proprietary indices, which will be used as benchmarks to create exchange traded funds.

“We believe our collaboration will benefit both firms and more importantly, benefit our shared ETP investors,” stated Tom Carter, president of ALPS.

ALPS is the advisor to open-end, closed-end and ETF products with $6.6 billion in assets under management.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.