Goldman Sachs Asset Management Issues ETFs On SIX11.15.2019
Goldman Sachs Asset Management (GSAM), a new ETF issuer at SIX, has launched three smart beta ETFs to access the Swiss market. Flow Traders is the market maker and providing the liquidity. The three smart beta ETFs, newly tradable as of today, provide additional opportunities for investors to diversify their portfolio with US as well as Chinese and broader Emerging Market underlyings.
— SIX (@sixgroup) November 14, 2019
With its product offering on the Swiss Stock Exchange, Goldman Sachs Asset Management provides investors a factor based investment approach to emerging market equities, both in companies domiciled in emerging markets as well as in companies earning and generating a large part of their profit and revenues in emerging markets. In addition, a factor based investment strategy with focus on US equities with high market capitalization is available and government bonds issued in mainland China.
Pascal Mischler, Head of Goldman Sachs Asset Management’s Client Business in Switzerland, said: “Our clients are demanding more choice in their portfolios and we are excited to complement our existing fund range with Exchange-Traded Funds (ETFs) that we believe can help simplify portfolio construction and contribute to superior risk-adjusted returns. The funds will be relevant to both retail and institutional clients. This is a significant addition to our Swiss product offering and we are tremendously excited to enter the fast-growing European ETF market.”
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The suite enables GAM to seamlessly manage market risk exposure and liquidity and investment risk.
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