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Podcast: Trillions
Episode:

Goldman's Hit ETF Looks Like the Future of Active Investing

Category: Business
Duration: 00:35:09
Publish Date: 2020-09-17 08:00:00
Description:

In the ETF Terrordome, nothing comes easy for issuers -- even if your name is Goldman Sachs. The asset management arm of the storied Wall Street firm launched its first ETF five years ago. Investors have put about $20 billion into the funds to date, a decent start for a relative newcomer. Half those assets are in $GSLC, which was a true game-changer in the smart-beta category and may represent the future of active investing. 

On this episode of Trillions, Eric and Joel -- along with Katherine Greifeld of Bloomberg News -- interview Cole Feinberg, an ETF specialist with Goldman, about how the firm views the industry, where the team sees white space, what's behind GSLC's success, and how a project like $JUST comes together with Paul Tudor Jones. 

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