Goldman Sachs announced its Goldman Sachs ETF Accelerator has introduced GMO's inaugural ETF. Known as the U.S. Quality ETF, it draws on GMO's investment expertise to focus on U.S. high-quality stocks, providing efficiency, transparency, and liquidity inherent in the ETF structure. This latest development occurred as part of Goldman Sachs' ongoing commitment to innovating within the financial sector.
Let's delve into how Goldman Sachs supports their clients in the ETF market. Goldman Sachs ETF Accelerator delivers services to assist clients in launching, listing, and managing their ETFs, offering a scalable solution powered by proprietary ETF-first technology. Positioned as an outsourced digital platform, it aims to efficiently support clients in bringing their ETF ideas to the market, according to a press release by Goldman Sachs.
The following quote provides more insight into this innovative approach. "One year ago, we launched a new outsourced solution for our clients to support their ambitions to enter the fast-growing ETF industry, and this announcement illustrates our ability to do just that," said Lisa Mantil, Global Head of Goldman Sachs ETF Accelerator, according to a press release by Goldman Sachs. "Leveraging our firm’s technology infrastructure and longstanding expertise in the space, we are so proud to have been able to empower a storied investment manager like GMO to launch their first active ETF and expand their strategy to meet demand from their clients."
Moreover, here is how Goldman Sach's platform streamlines the process for its clients: Goldman Sachs ETF Accelerator functions facilitate the launch, listing, and management of clients' ETFs effectively. It offers an outsourced launch process characterized by transparency, with ongoing fund services delivered by experienced client and portfolio implementation teams. The platform encompasses modules for regulatory compliance, custody and administration integration, portfolio implementation, and capital markets, according to the Goldman Sachs ETF Accelerator website.
Lastly, let's take a moment to appreciate Goldman Sach's significant standing in the financial sector. Founded in 1869, Goldman Sachs is a prominent global financial institution providing diverse financial services to a wide-ranging client base, including corporations, financial institutions, governments, and individuals. Headquartered in New York, the firm boasts a long-standing history and a robust presence in the financial sector, according to a press release by Goldman Sachs.