Goldman, BNY Mellon Join ESG-Fund Stampede With Four New ETFs
- Goldman introduces fund that aligns with Paris climate goals
- BNY Mellon debuts three actively-managed ‘sustainable’ ETFs
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The furious pace of green-fund launches in the U.S. ETF industry showed no sign of easing Wednesday, with Goldman Sachs Asset Management and BNY Mellon Investment Management announcing four new products between them.
The Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF (ticker GPAL) will track an index that aligns with the goals of the Paris Climate Agreement.