Goldman Sachs Launches Two New ETFs on NYSE as S&P 500 Looks to Build on Record Close
The New York Stock Exchange (NYSE) has announced that Goldman Sachs Asset Management will launch two new exchange-traded funds (ETFs), GCPB and GINC, which will provide investors with access to new types of core plus bond exposure and balance income potential and diversification.
Goldman Sachs Asset Management's Lindsay Rosner will join the NYSE Live program to discuss these new offerings. The GCPB ETF focuses on providing exposure to new types of core plus bonds, while the GINC ETF aims to balance income potential and diversification for investors.
Meanwhile, LifeMine Therapeutics, a biopharmaceutical firm, has raised $263 million in fresh funding, which will be used to accelerate the clinical development of its lead program, LIFE-001. The company's CEO, Greg Verdine, will also join NYSE Live to discuss the firm's latest achievements.
The S&P 500 is looking to build on last Friday's record close, with investors tracking developments in the Middle East.