Goldman Sachs (GS) is chosen by India as the asset manager for an ETF made up of state-owned...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS) is chosen by India as the asset manager for an ETF made up of state-owned companies. The fund is part of an effort by the government to raise up to $7.4B by selling stakes in state firms. The ETF is likely to be launched in the next couple of months. EPI -10.8% YTD, but the Sensex gained 2.1% overnight.