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Goldman Launches European ETF Business To Cash In On Passive Boom

TedTed
in The Bullpen
FYI: Goldman Sachs Asset Management launched a European Exchange Traded Fund (ETF) business and its debut product on Thursday as it bids for a slice of the fast-growing market for listed passive investment strategies.

A decade of easy money from central banks has made it hard for active asset managers to outperform index benchmarks, driving investors to put more money into cheaper index-tracking products.
Regards,
Ted
https://www.reuters.com/article/us-goldman-etf/goldman-launches-european-etf-business-to-cash-in-on-passive-boom-idUSKBN1WB0PP
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