Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid

Bloomberg2021-04-09

New York-based bank files to create Future Consumer Equity ETF Slew of copycat products emerge in wake of Ark founder success One of Wall Street’s most storied names is joining the mania for actively...

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Comments

YH17
2021-04-12
YH17
ETF..go go go...
stormlee
2021-04-12
stormlee
Comment & like.
Dummy_Inv
2021-04-12
Dummy_Inv
Good read
- Dummy_Inv:
  [开心]
lickharpy
2021-04-12
lickharpy
Cool
- IvanAung:
  Ok
canoboi
2021-04-11
canoboi
Good. Comment n like
Zacccc
2021-04-11
Zacccc
Nice

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153

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKK","symbol_name":"ARK Innovation ETF","start_time":0,"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","article_id":"1110282623","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110282623","pubTimestamp":1617978373,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wa","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKK":"ARK Innovation ETF","ARKO":"ARKO Corp","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","GS":"高盛","ARKG":"ARK Genomic Revolution ETF"},"translate_title":"高盛在主动主题ETF投标中引入凯茜·伍德的策略","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKF":0.9,"ARKG":0.9,"ARKK":0.9,"ARKO":0.9,"ARKQ":0.9,"ARKW":0.9,"GS":0.9},"content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. 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It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.</p>\n<p>While this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring&nbsp;copycat&nbsp;ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.</p>\n<p><img src=\"https://static.tigerbbs.com/4254f3c6e1e212f91e167e9e84db1235\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.</p>\n<p>Even as retail traders look to be&nbsp;cooling&nbsp;toward the stock market, a recent&nbsp;survey&nbsp;shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.</p>\n<p>Goldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.</p>\n<p>The U.S. bank has struggled to hit on a winning thematic product in the past. In November, it&nbsp;combined&nbsp;five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker&nbsp;GINN), which has $457 million in assets.</p>\n<p>Meanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.</p>\n<p>Still, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","GS":"高盛","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110282623","content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342336487,"gmtCreate":1618183432449,"gmtModify":1704707103336,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Comment &amp; like.&nbsp;","listText":"Comment &amp; like.&nbsp;","text":"Comment & like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342336487","repostId":1110282623,"repostType":4,"repost":{"id":"1110282623","pubTimestamp":1617978373,"share":"https://www.laohu8.com/m/news/1110282623?lang=&edition=full","pubTime":"2021-04-09 22:26","market":"us","language":"en","title":"Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=1110282623","media":"Bloomberg","summary":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wa","content":"<ul>\n <li>New York-based bank files to create Future Consumer Equity ETF</li>\n <li>Slew of copycat products emerge in wake of Ark founder success</li>\n</ul>\n<p>One of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.</p>\n<p>Goldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a&nbsp;filing&nbsp;Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.</p>\n<p>While this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring&nbsp;copycat&nbsp;ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.</p>\n<p><img src=\"https://static.tigerbbs.com/4254f3c6e1e212f91e167e9e84db1235\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.</p>\n<p>Even as retail traders look to be&nbsp;cooling&nbsp;toward the stock market, a recent&nbsp;survey&nbsp;shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.</p>\n<p>Goldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.</p>\n<p>The U.S. bank has struggled to hit on a winning thematic product in the past. In November, it&nbsp;combined&nbsp;five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker&nbsp;GINN), which has $457 million in assets.</p>\n<p>Meanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.</p>\n<p>Still, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","GS":"高盛","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110282623","content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342301277,"gmtCreate":1618180630999,"gmtModify":1704707073549,"author":{"id":"3567542871143851","authorId":"3567542871143851","name":"Dummy_Inv","avatar":"https://static.tigerbbs.com/f850aa031c5786464c443d2cd7ff5a1d","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Good read&nbsp;","listText":"Good read&nbsp;","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342301277","repostId":1110282623,"repostType":4,"repost":{"id":"1110282623","pubTimestamp":1617978373,"share":"https://www.laohu8.com/m/news/1110282623?lang=&edition=full","pubTime":"2021-04-09 22:26","market":"us","language":"en","title":"Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=1110282623","media":"Bloomberg","summary":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wa","content":"<ul>\n <li>New York-based bank files to create Future Consumer Equity ETF</li>\n <li>Slew of copycat products emerge in wake of Ark founder success</li>\n</ul>\n<p>One of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.</p>\n<p>Goldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a&nbsp;filing&nbsp;Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.</p>\n<p>While this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring&nbsp;copycat&nbsp;ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.</p>\n<p><img src=\"https://static.tigerbbs.com/4254f3c6e1e212f91e167e9e84db1235\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.</p>\n<p>Even as retail traders look to be&nbsp;cooling&nbsp;toward the stock market, a recent&nbsp;survey&nbsp;shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.</p>\n<p>Goldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.</p>\n<p>The U.S. bank has struggled to hit on a winning thematic product in the past. In November, it&nbsp;combined&nbsp;five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker&nbsp;GINN), which has $457 million in assets.</p>\n<p>Meanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.</p>\n<p>Still, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","GS":"高盛","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110282623","content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4010084,"gmtCreate":1618181035301,"gmtModify":1680783664647,"authorId":3567542871143851,"author":{"id":3567542871143851,"authorId":3567542871143851,"name":"Dummy_Inv","avatar":"https://static.tigerbbs.com/f850aa031c5786464c443d2cd7ff5a1d","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":342301277,"type":1,"supId":0,"prevId":0,"content":"[开心]","text":"[开心]","html":"[开心]"}],"langContent":"EN"},{"id":342944451,"gmtCreate":1618177189173,"gmtModify":1704707054902,"author":{"id":"3578478776793075","authorId":"3578478776793075","name":"lickharpy","avatar":"https://static.tigerbbs.com/b711444c273c8a00c0a7da01dbfbb3fc","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342944451","repostId":1110282623,"repostType":4,"repost":{"id":"1110282623","pubTimestamp":1617978373,"share":"https://www.laohu8.com/m/news/1110282623?lang=&edition=full","pubTime":"2021-04-09 22:26","market":"us","language":"en","title":"Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=1110282623","media":"Bloomberg","summary":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wa","content":"<ul>\n <li>New York-based bank files to create Future Consumer Equity ETF</li>\n <li>Slew of copycat products emerge in wake of Ark founder success</li>\n</ul>\n<p>One of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.</p>\n<p>Goldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a&nbsp;filing&nbsp;Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.</p>\n<p>While this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring&nbsp;copycat&nbsp;ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.</p>\n<p><img src=\"https://static.tigerbbs.com/4254f3c6e1e212f91e167e9e84db1235\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.</p>\n<p>Even as retail traders look to be&nbsp;cooling&nbsp;toward the stock market, a recent&nbsp;survey&nbsp;shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.</p>\n<p>Goldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.</p>\n<p>The U.S. bank has struggled to hit on a winning thematic product in the past. In November, it&nbsp;combined&nbsp;five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker&nbsp;GINN), which has $457 million in assets.</p>\n<p>Meanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.</p>\n<p>Still, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","GS":"高盛","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110282623","content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4010167,"gmtCreate":1618182003557,"gmtModify":1680783667357,"authorId":3579300278905475,"author":{"id":3579300278905475,"authorId":3579300278905475,"name":"IvanAung","avatar":"https://static.tigerbbs.com/1a24371779f14f0f964eb414b9cf1812","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":342944451,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":342920808,"gmtCreate":1618155145304,"gmtModify":1704707015796,"author":{"id":"3554895157968981","authorId":"3554895157968981","name":"canoboi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good. Comment n like","listText":"Good. Comment n like","text":"Good. Comment n like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342920808","repostId":1110282623,"repostType":4,"repost":{"id":"1110282623","pubTimestamp":1617978373,"share":"https://www.laohu8.com/m/news/1110282623?lang=&edition=full","pubTime":"2021-04-09 22:26","market":"us","language":"en","title":"Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=1110282623","media":"Bloomberg","summary":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wa","content":"<ul>\n <li>New York-based bank files to create Future Consumer Equity ETF</li>\n <li>Slew of copycat products emerge in wake of Ark founder success</li>\n</ul>\n<p>One of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.</p>\n<p>Goldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a&nbsp;filing&nbsp;Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.</p>\n<p>While this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring&nbsp;copycat&nbsp;ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.</p>\n<p><img src=\"https://static.tigerbbs.com/4254f3c6e1e212f91e167e9e84db1235\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.</p>\n<p>Even as retail traders look to be&nbsp;cooling&nbsp;toward the stock market, a recent&nbsp;survey&nbsp;shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.</p>\n<p>Goldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.</p>\n<p>The U.S. bank has struggled to hit on a winning thematic product in the past. In November, it&nbsp;combined&nbsp;five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker&nbsp;GINN), which has $457 million in assets.</p>\n<p>Meanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.</p>\n<p>Still, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","GS":"高盛","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110282623","content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342982665,"gmtCreate":1618152434857,"gmtModify":1704706997956,"author":{"id":"3580985948385873","authorId":"3580985948385873","name":"Zacccc","avatar":"https://static.tigerbbs.com/999cc169af5695ac698ea1af4c2595dd","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342982665","repostId":1110282623,"repostType":4,"repost":{"id":"1110282623","pubTimestamp":1617978373,"share":"https://www.laohu8.com/m/news/1110282623?lang=&edition=full","pubTime":"2021-04-09 22:26","market":"us","language":"en","title":"Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid","url":"https://stock-news.laohu8.com/highlight/detail?id=1110282623","media":"Bloomberg","summary":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wa","content":"<ul>\n <li>New York-based bank files to create Future Consumer Equity ETF</li>\n <li>Slew of copycat products emerge in wake of Ark founder success</li>\n</ul>\n<p>One of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.</p>\n<p>Goldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a&nbsp;filing&nbsp;Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.</p>\n<p>While this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring&nbsp;copycat&nbsp;ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.</p>\n<p><img src=\"https://static.tigerbbs.com/4254f3c6e1e212f91e167e9e84db1235\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.</p>\n<p>Even as retail traders look to be&nbsp;cooling&nbsp;toward the stock market, a recent&nbsp;survey&nbsp;shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.</p>\n<p>Goldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.</p>\n<p>The U.S. bank has struggled to hit on a winning thematic product in the past. In November, it&nbsp;combined&nbsp;five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker&nbsp;GINN), which has $457 million in assets.</p>\n<p>Meanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.</p>\n<p>Still, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Channels Cathie Wood Playbook in Active Thematic ETF Bid</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Channels Cathie Wood Playbook in Active Thematic ETF Bid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","GS":"高盛","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKO":"ARKO Corp","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/goldman-channels-cathie-wood-playbook-in-active-thematic-etf-bid?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110282623","content_text":"New York-based bank files to create Future Consumer Equity ETF\nSlew of copycat products emerge in wake of Ark founder success\n\nOne of Wall Street’s most storied names is joining the mania for actively managed thematic ETFs sparked by Cathie Wood.\nGoldman Sachs Group Inc. plans to create the Future Consumer Equity exchange-traded fund, the bank said in a filing Thursday. It will focus on technology companies and firms that embrace the “lifestyle and values” of younger consumers such as sustainable living, health and wellness.\nWhile this isn’t Goldman’s first foray into thematic investing, it does appear to be its first actively managed equity ETF. Theme-based products are a booming corner of the $6.1 trillion U.S. industry, with Wood’s Ark Investment Management inspiring copycat ETFs that eschew traditional sectors in favor of futuristic trends like space travel and robotics.\n\n“Given the success of Ark in the past year, many asset managers are seeking to tap into growing investor demand for actively managed equity ETFs using in-house expertise,” said Todd Rosenbluth, director of ETF research for CFRA Research.\nEven as retail traders look to be cooling toward the stock market, a recent survey shows that 80% of global ETF investors plan on increasing their exposure to thematic products this year.\nGoldman’s proposed fund, which doesn’t have an expense ratio yet, will invest in companies that cater to the “evolving priorities and spending habits of younger consumers,” according to the filing. The prospectus warns that the ETF may invest more of its cash in fewer companies than a traditional diversified fund might.\nThe U.S. bank has struggled to hit on a winning thematic product in the past. In November, it combined five such ETFs that had failed to gain much traction into the Goldman Sachs Innovate Equity fund (ticker GINN), which has $457 million in assets.\nMeanwhile, the theme of next-generation consumers is fairly well-established. GlobalX’s Millennial Consumer fund (MILN) has gathered $177 million in assets since its 2016 launch, for example.\nStill, the New York-based bank has notched some ETF victories. The ActiveBeta U.S. Large Cap Equity fund (GSLC) -- a smart beta product that undercut the competition with its 9 basis point fee -- holds $12.6 billion.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":153,"commentSize":28,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1110282623"}