Goldman Sachs Weighs ETF Platform Options Amid Str…
From Financial Modeling Prep: 2024-12-08 05:13:49
Goldman Sachs is considering strategic options for its ETF Accelerator platform, a tool for creating and launching ETFs. Launched in 2019, the platform simplifies the ETF launch process, attracting various clients. Options include selling, partnering, or scaling the platform to tap into the $10 trillion ETF market.
ETFs are popular for their flexibility, transparency, and thematic investing opportunities. Goldman’s platform is poised to capitalize on these trends with a focus on operational excellence. A potential sale or partnership could impact clients and competitors in the ETF ecosystem, reshaping the competitive landscape.
Goldman’s asset management realignment includes exploring options for the ETF Accelerator platform. CEO David Solomon’s strategy emphasizes high-margin institutional services over retail wealth management. The outcome of this strategic move will shape how institutional players access the growing ETF market and impact industry dynamics.
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