Goldman Sachs Group’s recently created business designed to help firms quickly launch exchange-traded funds has more than just traditional asset managers as clients.
“It’s really been surprising,” said Lisa Mantil, global head of the Goldman Sachs ETF Accelerator, in a phone interview. She said that insurance companies, private banks, family offices, hedge funds and registered investment advisers, or RIAs, are among the clients of Goldman’s ETF Accelerator, which was introduced in November.
Goldman announced on Oct. 5 the first funds launched through its digital Accelerator platform, with Brandes Investments Partners using it to list three actively managed ETFs: Brandes U.S. Small-Mid Cap Value ETF
BSMC,
Brandes U.S. Value ETF
BUSA
and Brandes International ETF
BINV.
Goldman
GS
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