MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Goldman Sachs Looking To Move Aggressively Into The ETF Space

TedTed
in Fund Discussions
FYI: According to anonymous sources cited by Reuters, Goldman Sachs is in discussions to acquire IndexIQ, an alts-focused ETF provider with $1.2 billion in assets under management. IndexIQ was the first to launch a hedge-fund replication ETF, and today its most popular product is the IQ Hedge Multi-Strategy Tracker (QMN), which has more than $870 million in assets. Over 80% of IndexIQ’s $1.2 billion in assets are in alternative ETFs, which is an area Goldman Sachs has been actively pursuing.
Regards,
Ted
http://dailyalts.com/goldman-sachs-looking-move-aggressively-etf-space/

Comments

Sign In or Register to comment.