Goldman Seeks to Enter ETF Space With a Splash

On December 12, Goldman Sachs, which currently manages two ETNs, but no ETFs, filed paperwork with the SEC to launch up to 11 ETFs focused on so-called "smart beta" and hedge fund replication strategies.  Six of the funds will be marketed using an "ActiveBeta" brand, focusing on international, EM, Europe, Japan, US large cap, and US small cap equity.  The other five funds will focus on hedge fund strategies such as relative value, equity long short, event driven and macro, as well as a multi strategy offering.  For more information, click here, here and here.