Goldman Sachs Asset Management tries to operate more investors who are looking for protection for the downtight protection against market turbulence.
Bryon Lake contributed this month to the company Goldman Sachs US Large Cap Puffer 3 ETF.
“I’m an investor. You are an investor. People are watching investors and there is currently an incredible amount of uncertainty: tariffs, the expansion of the stock markets away from Mag 7 (and) geopolitical topics, “the Chief Transformation Officer from Goldman Sachs told Bob Pisani about CNBCs “Etf Edge.”
Lake stepped at Goldman Sachs Last summer. According to the company’s press release, it was a newly created role that aims to expand its investment strategies. Previously, the lake initiated the global ETF business JPmorgan Chase
“The buffer products should protect people in a disadvantage and at the same time allow the upward trend,” he said. “The way they are designed is that they protect from 5% to 15%, while they can still participate over 5% to 7%. Then they are reset quarterly.”
Lake suggests that the buffers use approaches that have strong track records.
“These are … proven strategies that have been used by investors for decades,” he said.
The Goldman Sachs US Large Cap Puffer 3 ETF has dropped by about 3% since March 4. The S&P 500 is switched off by almost 4% in the same period.
