Peter Thompson, head of EMEA exchange-traded funds at Goldman Sachs Asset Management, has decided to retire from the firm at the end of the year, confirmed a spokesperson for GSAM.
“Expanding the growth of our asset and wealth management business is a strategic focus for the firm,” the spokesperson said. “To that end, we aligned product development and strategy globally in 2023 within GSAM. ETFs are an important part of those growth plans, and we have an experienced and tenured team of leaders who will continue to focus on delivering innovative ETF solutions to meet our clients’ objectives.”
Brendan McCarthy, head of ETF specialists and capital markets, will continue to lead the firm’s ETF efforts “partnering with distribution, product and portfolio management teams to further integrate ETFs into GSAM’s broader offering,” the spokesperson added.
In addition, Alyson Shupe, head of global product strategy, will “continue to oversee the development, prioritization and launch of new public markets products, including ETFs globally,” the spokesperson added.
With the firm’s plans to expand the current product lineup, GSAM “expects to add resources to the ETF efforts both in the U.S. and in EMEA," said the spokesperson.
GSAM has a total of $2.8 trillion in assets under supervision with $34 billion in assets across a range of active and passive ETF strategies.
