Hedge funds, family offices among those turning to Goldman Sachs ETF Accelerator

‘The next wave of growth in the ETF space is going to be the active ETF,’ says Goldman’s Lisa Mantil

Goldman Sachs Group’s recently created business designed to help firms quickly launch exchange-traded funds has more than just traditional asset managers as clients.

Goldman GS, +0.23% expects that “the next wave of growth in the ETF space is going to be the active ETF,” Mantil said, adding that the company wants “to help our clients get there.” Mantil said Goldman’s Accelerator platform aims to help clients launch their first ETF within six months and without having to hire dozens of people, as opposed to the two years it might otherwise take.

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