Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS).
The Fund invests mainly in fixed income securities across corporate and sovereign issuers in emerging markets where issuers intend to allocate use of proceeds for green and/ or social contributions. Share classes of the Fund will be listed on exchanges including the London Stock Exchange, Borse Italiana, Deutsche Börse and SIX.
The firm writes that the investment process combines Emerging Market Debt credit assessment with specific use of proceeds information about Green and Social contributions and draws on the capabilities of the Goldman Sachs Asset Management Green, Sustainable, Social & Impact Bond Team, representing nearly 10 years of dedicated investment expertise with over USD15 billion in assets under supervision as of 31 December 2024.
The firm writes that the launch follows Goldman Sachs Asset Management’s recent entry into active ETFs in EMEA with several Fixed Income and Equity funds, expanding the product range and underscoring the firm’s commitment to making its investment capabilities available through the ETF wrapper.
Hilary Lopez, head of the EMEA Third Party Wealth Business at Goldman Sachs Asset Management, says: “Our clients are showing continued demand for access to leading active capabilities, combined with the control and convenience of ETFs. Following the launch of our core active Fixed Income and Equity building blocks, we are leveraging the leading capabilities and expertise of our Green, Sustainable, Social & Impact Bonds Team to help investors diversify their fixed income exposure and drive impact across emerging markets.”
Bram Bos, head of the Green, Sustainable, Social & Impact Bond Team at Goldman Sachs Asset Management, says: “As a leading active Green Bond Fund manager, we believe Goldman Sachs Asset Management is uniquely positioned to give investors access to this quickly growing asset class. Through our benchmark aware investment process, we incorporate in-depth analysis of the use of proceeds and issuer ESG screening, with sound and proven EM Credit analysis.”
Goldman Sachs Asset Management manages 59 ETF strategies globally as of today, representing over USD40 billion in total assets as of 30 April 2025. The TER for Goldman Sachs Emerging Markets Green and Social Bond ETF (GEMS) is 0.55 per cent.
