Goldman Sachs announced the newest fund launched through Goldman Sachs ETF Accelerator with the listing of the first ETF by Eagle Capital Management, an independent asset manager focused on high quality, value-oriented equities with over $25 billion in assets under management. The Eagle Capital Select Equity ETF (NYSE Arca: EAGL) furthers Eagle’s concentrated, high-conviction strategy developed with a fundamental value-oriented approach and a long-term investment horizon.

This announcement marks the fifth ETF launched through Goldman Sachs ETF Accelerator, and the first via separately managed account (SMA) conversion. Built in response to client demand amidst a boom in investor interest in ETFs, Goldman Sachs ETF Accelerator is a first-to-market institutional and outsourced solution that enables clients to quickly and efficiently launch, list, and manage their ETFs, providing services across fund launch and integration into the ETF ecosystem, along with portfolio implementation and capital markets solutions.

“Since day one, our focus has remained on providing our clients the tools, expertise, and infrastructure needed to enter the fast-growing ETF space in a way that enables them to drive forward their unique strategies and meet demand from their clients,” said Lisa Mantil, Global Head of Goldman Sachs ETF Accelerator. “We are thrilled to have supported Eagle Capital Management in bringing their first active ETF to market and look forward to empowering more clients to enter the space in the way that best serves them, whether that’s through SMA or mutual fund conversions, or bringing new strategies to market.”

Source: Goldman Sachs