GSFP is Goldman Sachs' first transparent, actively managed ETF and it will invest in companies seeking solutions to environmental problems in clean energy, resource efficiency, sustainable consumption, the circular economy and water sustainability.
Nearly 40 new ETFs were brought onto the market during the month of June.
Equitizing maturing principal in municipal bond ETFs may boost yields.
While fiduciaries do not have to avoid ESG-related investments, they do need to put them through the same prudent, thorough and well-documented process that they use to consider all plan investments.
The investment in SpiderRock Advisors adds to BlackRock’s personalization and tax management capabilities for SMAs and builds on its acquisition of Aperio.