Entering text into the input field will update the search result below

Report: Goldman in talks to buy ETF provider

Oct. 16, 2014 3:41 PM ETThe Goldman Sachs Group, Inc. (GS) StockGSBy: Stephen Alpher, SA News Editor
  • Goldman Sachs (GS -2.6%) moved to get into the ETF business in late September, filing to launch a series of actively-managed ETFs, but that may not be fast enough, as Reuters reports the bank is in discussions to acquire IndexIQ.
  • Should Goldman pull it off, it could be in the ETF business within months.
  • IndexIQ at the moment offers ETFs in five sectors: Hedge fund replication, commodities, real estate, real return & inflation hedge, and international.
  • On the company earnings call earlier today, Goldman CFO Harvey Schwarz spoke of the bank's willingness to make acquisitions if the deal was right.

Recommended For You

More Trending News

About GS Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
GS--
The Goldman Sachs Group, Inc.