This is not the first time ALPS is collaborating with another asset manager to engineer ETF investments.
For instance, the firm is partnered with some well known names in the ETF business, such as Select Sectors SPDRs, Emerging Global Shares and United States Commodity Funds.
“ALPS is excited to work with Goldman Sachs,” Tom Carter, President of ALPS, said in the press release. “We believe our collaboration will benefit both firms and more importantly, benefit our shared ETP investors.”
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.