'Goldman Explores Sale Of Platform Clients Use To Launch ETFs; Bank Launched The Create-Your-Own ETF Service Last Year; Also Offers Servicing, Distribution, Portfolio Implementation'

'Goldman Explores Sale Of Platform Clients Use To Launch ETFs; Bank Launched The Create-Your-Own ETF Service Last Year; Also Offers Servicing, Distribution, Portfolio Implementation' - Bloomberg News

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Goldman Sachs Group, Inc.

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https://www.bloomberg.com/news/articles/2024-12-06/goldman-explores-sale-of-platform-clients-use-to-launch-etfs

Goldman Sachs Group Inc. is considering options for the future of its platform designed to help the bank's institutional clients launch their own exchange-traded funds.

The bank is exploring strategic alternatives that could include a sale of its ETF Accelerator platform, according to a person familiar with the matter who asked not to be identified. The hub is separate from the ETF business of Goldman Sachs Asset Management, which manages nearly $40 billion across more than 40 funds.

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