Goldman Sachs and Morgan Stanley join forces to launch ETF range

Goldman Sachs and Morgan Stanley have partnered to launch a range of ETFs under the name of Source. The range has recently received approval from the Irish Financial Services Regulatory Authority for the listing of 50 ETFs. The ETFs will be released under Source Markets, a Ucits umbrella fund, with the Bank of Ireland as custodian. The range of 50 ETFs comprises exposure to major European indices, such as the FTSE 100 and the DJ Eurostoxx 50, global indices such as the MSCI Japan, sector indices including utilities, insurance and healthcare, as well as an emerging market ETF and...