GSAM to target UK with $10bn AUM ETF business in 2019

Primarily smart-beta products

Goldman Sachs Asset Management (GSAM) is planning to make its range of smart-beta ETFs available to the UK in 2019, Investment Week can reveal.

Launched in 2015, GSAM's ETF business has swelled to around $10bn in assets under management. As part of the roll-out, European investors will have access to products managed by the GSAM quantitative investment strategies team's CORE range, which are currently not available in Europe via an ETF wrapper. Revealed: The nominees for the 2018 Women in Investment Awards Speaking to Investment Week, head of UK retail at GSAM Kristina Teahan said: "These ETFs are growing and growing as part of the market, and it is something we want to be able to offer here as well. "Sometime next year...