Goldman Sachs Ready To Show Everyone How This Whole ETF Thing Is Done


And it’s going to do it the hard way: Not by buying someone else’s ETF platform, both because that wouldn’t really be a GOLDMAN SACH ETF platform and because there’s no sport in it, but by doing it all themselves. Maybe with a little help from on high.

In a regulatory filing on Friday, the giant bank revealed plans for 11 exchange-traded funds that take smart-beta or hedge-fund-like approaches. The planned ETFs range from an "ActiveBeta" U.S. large-cap equity fund to an ETF that will follow a "Goldman Sachs Event Driven Hedge Fund Tracker Index”…

Goldman Sachs plans smart-beta, hedge-fund-like ETFs [MarketWatch]