Spacs Are Hot Again, and Even Goldman Wants a Piece of the Action

SPAC Comeback Draws Renewed Interest from Wall Street

They’re SPAC! Just when the market seemed dead and buried, special purpose acquisition companies have risen from the grave. The re-emergence of the once, maybe still, controversial vehicles that let companies go public outside of traditional IPOs is underscored by strong hints this week that one of yesteryear’s biggest Wall Street underwriters of the blank check firms is once again ready to make deals after bowing out of the space three years ag…

Spacs are hot again, and even Goldman wants a piece of the action

Wall Street’s Spac-quiescence to the new reality

Spacs Are Hot Again, And Even Goldman Wants A Piece Of The Action - Data Intelligence

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs is back in the Spac game. According to Bloomberg, the Wall Street leader is returning to the business of blank-cheque deals three years after beating a hasty retreat from the market. The bank will reportedly be taking a de-Spac-ito approach, vetting deals on a case-by-case basis and limiting the sponsors it …

Goldman Sachs AM Expands Active ETF Range with New Emerging Markets Green and Social Bond Fund

Goldman Sachs Asset Management (GSAM) announced today the launch of the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS), expanding its range of European market active ETFs with a new sustainability-focused offering. The new funds follow the launch earlier this year by GSAM of its first actively managed fixed income ETFs […]

Goldman Sachs AM launches EM green and social bond ETF

Goldman Sachs Asset Management has launched an ETF targeting green and social bonds across emerging markets. The Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF invests mainly in fixed income across corporate and sovereign issuers in emerging markets, where issuers intend to allocate the proceeds for green or social contributions. The ETF, which will list on exchanges including the London Stock Exchange, has a total expense…