Goldman Sachs Asset Management is trying to serve more investors looking for a protection against the decline against market disorders.
Bryon Lake helped the company launch its last stamp on the stock market stock market this month: the Goldman Sachs US Large Cap Buffer 3 ETF.
“I am an investor. You are an investor. The people who watch are investors, and there is an incredible quantity of uncertainty at the moment: the prices, the expansion of the stock markets far from Mag 7 [and] Geopolitical problems, “Director of transformation of Goldman Sachs told Bob Pisani on” ETF Edge “of CNBC.
Lake joins Goldman Sachs Last summer. According to the company’s press release, it was a newly created role aimed at extending its investment strategies. Previously, Lake directed the company Global ETF to JPMorgan Chase
“Tampon products are designed to help protect people while allowing them to participate in the rise,” he said. “The way they are designed is that they will protect from 5% to 15% while allowing you to participate in more than 5% to 7%. And then those which are reset on a quarterly basis.”
Lake suggests that the ETFs are using approaches that have solid history.
“These are … proven strategies that have been used by investors for decades now,” he said.
The ETF Goldman Sachs US US to Large Capuchon 3 has been down approximately 3% since it started to negotiate on March 4. The S&P 500 is down almost 4% in the same period of time.
