Franklin Templeton introduced a proprietary Goals Optimization Engine that it said will provide investors with personalized investment paths for their unique goals, while giving advisors and other financial professionals a “scalable way to offer a differentiated investment solution and deepen client relationships.”
The new engine is based on proprietary research that defines investment success by whether or not an investor’s goals are achieved, recommending investment decisions to help maximize that chance of success, it noted.
GOE’s open-architecture offering will be delivered via AdvisorEngine, Franklin Templeton’s recently acquired platform.
Invesco Adds 3 ETFs to BulletShares Offerings
Invesco added three new exchange-traded funds to its BulletShares ETF suite that offers investors access to customized bond maturities in a transparent ETF structure.
The new BulletShares ETFs expand the stated year of maturity of the firm’s BulletShares High Yield Corporate Bond, BulletShares Corporate Bond and BulletShares Municipal Bond portfolios and include BulletShares 2028 High Yield Corporate Bond ETF (BSJS, with a net expense ratio of 42 basis points); BulletShares 2030 Corporate Bond ETF (BSCU, 10 bps); and BulletShares 2030 Municipal Bond ETF (BSMU, 18 bps).
The new ETFs track the Nasdaq BulletShares USD High Yield Corporate Bond 2028 Index, the Nasdaq BulletShares USD Corporate Bond 2030 Index and the Invesco BulletShares USD Municipal Bond 2030 Index and will rebalance monthly. BulletShares Indexes serve as benchmarks to the standard laddered strategy used by investment professionals and retail investors.
Bloomberg and Goldman Team on Alternative Risk Premia Indices
Bloomberg and Goldman Sachs Asset Management launched a comprehensive suite of 21 alternative risk premia benchmark indices.
The Bloomberg GSAM Risk Premia Indices, available via the Bloomberg Terminal, represent fully transparent and replicable indices of widely accepted alternative risk premia styles for liquid, rules-based investment strategies.
Alternative risk premia strategies are designed to bring investors the benefits of return diversification, liquidity, transparency, systematic exposure and cost efficiency.