Goldman Planning First ETFs

Goldman Sachs has filed with the SEC to offer its first line of exchange-traded funds, running the gamut from equity to fixed income to balanced. According to one report, the inaugural fund will concentrate on the top 85% of companies in the emerging markets of India, Korea, Brazil and China.

This marks the company’s first solo ETF experiment, having jointly launched the Source ETFs with Morgan Stanley in Europe.

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Money Management Executive
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