Goldman Sachs is exploring the sale of its ETF Accelerator platform after coming to market in 2023, according to reports from Bloomberg.
The hub is designed to help clients launch, list and manage their own ETF products, and is distinct from the ETF business run out of Goldman Sachs Asset Management.
Since its inception, the Accelerator platform has launched just one ETF in Europe – the AI-Enhanced European Equity ETF (EUAI) – however it pointed to a “strong” pipeline in an interview with ETF Stream.
Nick Carcaterra, a spokesperson for the firm, said: “We are assessing what the best long-term option is for the ETF Accelerator platform for Goldman Sachs and our clients.
“No decision has been made and there are no imminent plans for a change. If we have an update to share, we will do so.”
EMEA head of the ETF Accelerator Rebecca Anderton-Davies recently departed just over a year-and-a-half after entering the role.
