New Products

Goldman Sachs Structured Products Available Through CAIS Platform

Harriet Davies Editor - Family Wealth Report 27 February 2013

Goldman Sachs Structured Products Available Through CAIS Platform

Goldman Sachs structured products will be available through CAIS’s independent exchange platform following an agreement between the two firms.

CAIS member firms will have access to the products, along with access to Goldman Sachs resources to create customized offerings.

"We are pleased to be partnering with CAIS, which has a strong reputation and relationships within the registered investment advisor community," said Bill Shelton, a managing director within Goldman Sachs' private investor products group in the Americas.

Meanwhile, CAIS said structured products were a natural extension to its offering of hedge funds, private equity funds and precious metals. The firm runs an advisory-only service and does not offer its own products.

CAIS launched CAIS Exchange, an online alternative investment marketplace for wealth managers, in December 2012. It offer products alongside due diligence reports from Mercer, and provides portfolio construction and analytics tools with an electronic subscription and redemption process for streamlined trade execution.

CAIS said at the launch that “in all circumstances” it will leverage the aggregate use of the platform to bring down product costs for end-users.

Advisors can execute primary transactions online while positions integrate through the Depository Trust and Clearing Corporation’s Alternative Investment Products protocol with custodians including Fidelity, Pershing, TD Ameritrade, Charles Schwab and others.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes