At Exchange 2026, Marissa Ansell of Goldman Sachs highlighted the rising trend of active ETFs, which accounted for 32% of flows and 86% of new launches in 2025. She emphasized the benefits of active management in less efficient markets like small caps and emerging markets, and noted fixed income ETFs as an underutilized opportunity with potential for growth. Ansell also discussed the popularity of derivative income ETFs for stable income and introduced GTPE, an ETF providing private equity-like returns with liquidity advantages. Goldman Sachs expects active ETFs to continue driving industry growth in 2026, leveraging their extensive active management expertise across asset classes and geographies.
Goldman Sachs reported a strong Q2 with revenues up 39% year-over-year, led by a surge in equities trading (+72%) and equity underwriting (+130%) due to market volatility and an AI-driven IPO boom. Their Asset & Wealth Management division also saw $2...
Goldman Sachs reported robust Q2 FY2026 results, with net earnings growing at an annualized rate of 38%. The firm raised $31 billion in private credit and saw a 130% year-over-year surge in equity underwriting revenues, driven by major deals and IPO ...
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
The FTSE 100 dropped 23 points to 10,506, pressured by mining stocks reacting to China's slower-than-expected 4.3% GDP growth in Q2, its weakest in three years. European markets also declined, while US futures rose, led by tech. PayPal shares surged ...
Morgan Stanley will report its second-quarter earnings before the market opens on Wednesday, with analysts expecting earnings per share of $2.94 and revenue of $19.64 billion. The firm is anticipated to benefit from increased trading and investment b...
