Goldman Sachs Asset Management is trying to serve more investors in search of negative security from the market turmoil.
Brian Lake helped launch its latest buffer exchange-traded funds this month: Goldman Sachs us big cap buffer 3 ETF,
“I am an investor. You are an investor. People watching are investors, and right now there is an incredible amount of uncertainty: Tariff, widening away from equity markets is far away from far away. Mag 7 (And) Geophysical Issues, “Goldman Sachs chief change officer told anchor Bob Pisani on CNBC “ETF Edge.”
Join the lake Goldman Sachs Last summer. According to the firm’s press release, it was for a newly created role aimed at expanding its investment strategies. First, Lake led the Global ETF business JPMorgan Chase
“Buffer products are designed to help people save on the negative side, while they are allowed to participate inverted,” he said. “The way they are designed will protect from 5% to 15%, while still allows you to participate from 5% to 7%. And, then they reset on quarterly basis.”
The lake suggests that the use of buffer ETFs use approaches that have strong track records.
“These are … tried and true strategies that have now been used by investors for decades,” he said.
Goldman’s big cap buffer 3 ETF is about 3% below as it starts trading on 4 March. S&P 500 is about 4% off in the same time limit.
