23.09.2014 - Goldman Sachs files for active ETFs, joins Wall Street bank trend

Goldman Sachs Group Inc has laid the groundwork to launch actively managed exchange-traded funds, becoming the latest Wall Street bank to set its sights on the fast-growing market. The company late on Friday sought permission from the U.S. Securities and Exchange Commission to introduce what could be a series of active ETFs, according to the filing, which names an equity dividend ETF as its initial fund...............................................Full Article: Source

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