Investment

In this week’s fund news, Vanguard and BlackRock take stakes in Just Invest and SpiderRock, respectively; Goldman rolls out its first transparent active equity ETF; and Jacob Asset Management gets into the ETF business.

The actively managed JFWD will invest in “innovative, forward-thinking companies that the team believes are leveraging technology to create significant competitive advantages.”

Vanguard leads the way as industry prepares to shatter annual record with months to go.

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.

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.