Goldman Sachs Asset Management (GSAM) has unveiled the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS), broadening its portfolio of active Exchange Traded Funds (ETFs) in the European market with a focus on sustainability. Earlier this year, GSAM introduced its first actively managed fixed income ETFs in the EMEA region, followed by a series of active equity ETFs in April 2025.
Hilary Lopez, head of the EMEA Third Party Wealth Business at Goldman Sachs Asset Management, commented on the trend, stating, “Our clients are showing continued demand for access to leading active capabilities, combined with the control and convenience of ETFs. Following the launch of our core active Fixed Income and Equity building blocks, we are leveraging the leading capabilities and expertise of our Green, Sustainable, Social & Impact Bonds Team to help investors diversify their fixed income exposure and drive impact across emerging markets.”
The ETF will invest in fixed income securities from corporate and sovereign issuers in emerging markets, where the proceeds are intended for green or social initiatives. This will be done using an investment process that combines Emerging Market Debt credit assessment with specific information about the intended Green and Social contributions.
Classes of the Fund will be available on exchanges such as the London Stock Exchange, Borsa Italiana, Deutsche Börse, and SIX.
Bram Bos, head of the Green, Sustainable, Social & Impact Bond Team at Goldman Sachs Asset Management, stated, “As a leading active Green Bond Fund manager, we believe Goldman Sachs Asset Management is uniquely positioned to give investors access to this quickly growing asset class. Through our benchmark aware investment process, we incorporate in-depth analysis of the use of proceeds and issuer ESG screening, with sound and proven EM Credit analysis.”
