Goldman Sachs ETF chief breaks down new investment trend

  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

España Noticias Noticias

España Últimas Noticias,España Titulares

.GoldmanSachs ETF chief Steve Sachs breaks down a new investment trend (via ETFEdgeCNBC)

div > div.group > p:first-child"> The big bank has doubled down on a concept called smart beta, which blends passive and active investing strategies to build portfolios based on non-traditional metrics. At Goldman, the strategy is branded as ActiveBeta and revolves around four factors: value, quality, momentum and low volatility.

The large-cap ETF counts the stocks of technology giants Microsoft, Apple, Amazon and Facebook among its holdings and has attracted nearly $5 billion in assets from investors, according to Sachs. "We think single-factor investing is very, very difficult," he said."Very hard to time factors. Very hard to pick which one is going to be in favor this year. When you combine four factors like the ones that we do, they actually have a very low — or even, in most cases, very negatively correlated — relationship to each other."

Not everyone's convinced by Goldman's new strategy. Dan Wiener, chairman of Adviser Investments, drew a comparison with Vanguard, which introduced its own factor-based investing products a year ago.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Goldman Sachs expects weak earnings growth across all major markets in 2019Goldman Sachs expects weak earnings growth across all major markets in 2019, Goldman Sachs' chief global equity strategist Peter Oppenheimer told CNBC's Squawk Box.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Upstart Russian oil firm, with Goldman Sachs backing, bucks industry bluesIn the frozen taiga of eastern Siberia, where bears roam in spring after waking ... Who are the majority shareholder's of this oil company INK? How did they get these lucrative Oil Blocks in Taiga? that said Nothing happens in Rusia without Putin's approval so what's his interest in this😲 The perfect response to questions raised concerning the problem with privatesector investment in SDGs. 'We can't solve problems by using the same kind of thinking we used when we created them.' GoldmanSachs + privatesector need to be held accountable for investments in oil. Beyond bazarre UK reporting up swing in oil production in ('where bears roam in spring' ie pristine wilderness) as a positive Probably a five year window to divest from fossil fuels Obviously gas, coal, oil production continues but UK will be aware it must end
Fuente: Reuters - 🏆 2. / 97 Leer más »

As Goldman Sachs drags on financials, Cramer and other experts weigh in on bank earningsAhead of earnings from Bank of America and Morgan Stanley later this week, five experts weigh in on the mixed quarter for the big banks so far. TradingNation When did Cramer become an “expert”? He’s always been a piker, charlatan and clown.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Stocks slip after lackluster earnings from Goldman Sachs and CitigroupStocks slipped slightly today following mixed quarterly numbers from Goldman Sachs and Citigroup. The Dow fell 0.11% and the S&P 500 fell 0.06%.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Here comes Goldman Sachs earnings...Goldman Sachs is scheduled to report first-quarter earnings on Monday. Check the results of a lottery. ..
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »