Goldman Sachs Files For A Slew Of New ETFs

Goldman Sachs Group Inc (NYSE:GS) has filed with the SEC to set up a number of new alternative exchange-traded funds, including six funds named “ActiveBeta” and five hedge fund-themed funds. The new funds will be passively managed and comprised of international companies, emerging markets, and Europe and Japan equities, in addition to large-cap and small-cap U.S. stocks.

Goldman Sachs to offer 11 specialty and alternative funds

In Friday’s filings with the Securities and Exchange Commission, Goldman Sachs Group Inc (NYSE:GS) detailed its plans for the fast-growing ETF market, filing documents to offer 11 specialty and alternative funds. The firm plans funds with the brand name “ActiveBeta,” which attempt...