Goldman Sachs AM launches Emerging Markets Green and Social Bond Active ETF
18 JUN, 2025
By Jose Luis Palmer from RankiaPro Europe
Goldman Sachs Asset Management has launched the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS), expanding its range of actively managed ETFs in EMEA. The new fund targets corporate and sovereign debt across emerging markets, where the proceeds are earmarked for green and/or social purposes.
The ETF will be listed on major European exchanges, including the London Stock Exchange, Borse Italiana, Deutsche Börse and SIX Swiss Exchange. With a total expense ratio (TER) of 0.55%, GEMS adds to Goldman Sachs AM’s portfolio of 59 ETF strategies, which represent over $40 billion in global assets as of 30 April 2025.
Combining ESG impact with EM fixed income
The fund leverages the investment capabilities of Goldman Sachs AM’s Green, Sustainable, Social & Impact Bond Team, which oversees more than $15 billion in assets and brings nearly a decade of experience in impact bond investing. The investment process combines emerging market debt analysis with scrutiny of the use of proceeds to assess ESG contributions.
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.
Hilary Lopez, head of the EMEA Third Party Wealth Business at Goldman Sachs Asset Management
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.
Bram Bos, head of the Green, Sustainable, Social and Impact Bond Team, Goldman Sachs Asset Management.
