New ETFs On The Block: Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC)

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Goldman Sachs Group Inc, one of the most reputable financial institutions in the world, has been conspicuous by their absence from the US exchange-traded funds industry for over two decades. That changed recently when Goldman Sachs Asset Management – the fund manager overseeing more than $1 trillion assets, rolled out their first ETF based on the so-called “smart beta” methodology …